11:20 AM EST, 12/16/2024 (MT Newswires) -- Curtiss-Wright ( CW ) said Monday it was expanding its 2024 share buyback plan by $100 million.
The repurchases are in addition to the $50 million in buybacks currently being executed and to the $100 million in shares repurchased in Q3, the company said. As a result, share buybacks for the year are expected to total $250 million, Curtiss-Wright ( CW ) said.
Beginning in January, the company said it plans to start buying back $60 million in shares, up from the previous annual plan of $50 million, an increase which is expected to offset dilution from compensation plans, the company said.
Curtiss-Wright ( CW ) shares were 2.3% higher in recent trading.
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