Curtiss-Wright Corporation announced on December 16, 2024, a $100 million expansion of its 2024 share repurchase program. This expansion is expected to be completed via a 10b5-1 program by the end of the year, bringing total repurchases in 2024 to over $250 million.
This action follows the recent completion of a $100 million opportunistic program executed in the third quarter. The company also raised its minimum annual share repurchase plan for 2025 to $60 million, demonstrating a continued commitment to shareholder returns.
These capital allocation decisions reflect the company's strong financial health and management's confidence in its long-term value. The increased repurchases aim to enhance shareholder value by reducing the number of outstanding shares.
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