Curtiss-Wright Announces $100M Expansion Of 2024 Share Repurchase Program, Which Is Now Expected To Result In Annual Share Repurchases Of $150M In 2024
Portfolio Pulse from Benzinga Newsdesk
Curtiss-Wright Corporation has expanded its 2024 share repurchase program by $100 million, bringing the total to $150 million. Additionally, the company declared a quarterly dividend of $0.21 per share, payable on October 11, 2024.
September 11, 2024 | 12:09 pm
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Curtiss-Wright has increased its 2024 share repurchase program by $100 million, totaling $150 million, and declared a $0.21 quarterly dividend. This move is likely to positively impact the stock price by returning value to shareholders.
The expansion of the share repurchase program indicates confidence in the company's financial health and is likely to support the stock price by reducing the number of shares outstanding. The dividend declaration further signals financial stability and commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100