Dover Corporation
Dover Corporation Announces $500 Million Share Repurchase Program
Summary
On November 10, 2025, Dover Corporation announced an accelerated share repurchase (ASR) program with JPMorgan Chase Bank to repurchase up to $500 million of its common stock. This program, approved by Dover's board in August 2023, will retire a substantial majority of the repurchased shares by November 12, 2025, and is expected to be completed in the second quarter of 2026, unless terminated early. The shares will be repurchased based on the average daily volume-weighted average price, less a discount, subject to potential adjustments.
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About Dover Corporation
Dover Corporation is a diversified global manufacturer that designs and produces a broad range of innovative equipment, components, and specialty systems. The company operates in segments such as Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions, and Refrigeration & Food Equipment. Dover’s products serve critical and high-performance applications across industries including aerospace, healthcare, automobile, food and beverage, and energy. Founded in 1955 and headquartered in Downers Grove, Illinois, the company is recognized for its commitment to technological advancement and operational excellence. Dover's strategic focus on sustainability and customer-centric innovation positions it as a key player in the industrial marketplace, leveraging its diversified portfolio to meet the evolving demands of global commerce.
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