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Curtiss-Wright Announces New $100M Expansion Of 2024 Share Repurchase Program And Raises Minimum Annual Repurchase Plan To $60M For 2025

Curtiss-Wright Announces New $100M Expansion Of 2024 Share Repurchase Program And Raises Minimum Annual Repurchase Plan To $60M For 2025

寇蒂斯萊特宣佈2024年10000萬美元的股票回購計劃擴張,並將2025年的最低年回購計劃提高至6000萬美元
Benzinga ·  12/16 21:02

Curtiss-Wright Corporation (NYSE:CW) today announced a $100 million expansion of its 2024 share repurchase program, which it expects to complete via a 10b5-1 program by the end of the year. This program will be conducted in concurrence with the existing $50 million share repurchase program being executed this year, and follows the recent completion of a $100 million opportunistic program that was executed in the third quarter. As a result, the Company now expects annual share repurchases of $250 million in 2024.

寇蒂斯萊特公司(紐交所:CW)今日宣佈將其2024年的股份回購計劃擴大至10000萬美元,預計將通過10b5-1計劃在年底前完成。該計劃將與今年正在執行的5000萬美元股份回購計劃同時進行,並且是在最近完成的10000萬美元機會性計劃之後,該計劃於第三季度執行。因此,公司現在預計2024年的年度股份回購將達到25000萬美元。

Beginning in January 2025, the Company also expects to repurchase $60 million in shares via a 10b5-1 program, an increase from the prior $50 million annual plan, which is expected to offset potential dilution from compensation plans.

從2025年1月開始,公司還預計將通過10b5-1計劃回購6000萬美元的股份,比之前的5000萬美元年度計劃有所增加,預計將抵消來自薪酬計劃的潛在稀釋。

譯文內容由第三人軟體翻譯。


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