What changed
The board authorized an additional $510 million for future share repurchases, raising total available authorization to $700 million, with $100 million in additional shares to be repurchased immediately via a 10b5-1 program. The company declared a quarterly dividend of $0.26 per share, payable October 9, 2026, to stockholders of record as of September 25, 2026. Including the existing $60 million program initiated in January 2026, Curtiss-Wright expects annual share repurchases of $460 million in 2026, in-line with last year's record $466 million buyback. Entering 2027, the company will have remaining open repurchase authorization of $600 million.
Why it matters
The board authorized an additional $510 million for future share repurchases, raising total available authorization to $700 million, with $100 million in additional shares to be repurchased immediatel