08:40 AM EDT, 09/11/2024 (MT Newswires) -- Curtiss-Wright ( CW ) said it has expanded its 2024 share repurchase program by $100 million, bringing total expected buybacks for the year to $150 million.

The company said it will continue with its existing $50 million repurchase plan, which began in January and is set to conclude by year-end under a 10b5-1 plan, a pre-arranged trading plan established by company insiders or firms to buy or sell stock at predetermined times.

The additional $100 million buyback will also be executed under a 10b5-1 program and is also expected to finish by the end of this year, Curtiss-Wright ( CW ) said. After completing the repurchase plans for this year, the company will still have buyback approval of $300 million remaining.

Additionally, Curtiss-Wright's ( CW ) board maintained a quarterly dividend of $0.21 per share, payable on Oct. 11 to shareholders of record as of Sept. 27.

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