Curtiss-Wright Corporation
Curtiss-Wright Announces New $100 Million Expansion of 2024 Share Repurchase Program
Summary
On December 16, 2024, Curtiss-Wright Corporation announced a $100 million expansion of its 2024 share repurchase program, bringing the total authorized repurchases to $250 million for the year. This follows the completion of a $100 million opportunistic repurchase program in Q3 2024. Additionally, the company raised its minimum annual repurchase plan to $60 million for 2025. The repurchases are expected to be completed by December 31, 2024, with a broker selected by the company managing the purchases in compliance with Rule 10b5-1.
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About Curtiss-Wright Corporation
Curtiss-Wright Corporation is a diversified, multinational conglomerate specializing in manufacturing and service solutions. Catering primarily to the aerospace, defense, energy, and industrial sectors, it provides high-technology and highly engineered products and services. The corporation's offerings include advanced control systems, electronics, valves, and performance materials, each engineered to support mission-critical applications. Established in the early 20th century through a merger of several companies, Curtiss-Wright has a long history of innovation and development, often aligning closely with major technological advancements in aviation and engineering. Its market role is significant, as it supports a wide array of industries with tailored solutions designed to enhance efficiency, safety, and reliability. With its robust global footprint, Curtiss-Wright continues to be an influential player in sectors requiring precision engineering and high-performance solutions, contributing to both commercial and governmental projects worldwide.
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