
Curtiss-Wright Corporation Buyback
OLI recorded this information on 12/7/2016
Company:
Curtiss-Wright Corporation
Buyback:
CW buyback
$Amount Authorized:
$200,000,000
Buyback Details:
Curtiss-Wright Corporation (NYSE:CW) today announced that its Board of Directors has authorized an additional $100 million for future share repurchases, raising total authorized and available capital for share repurchases to $200 million. The Company expects that it will repurchase at least $50 million in shares in 2017 via a 10b5-1 program beginning in January 2017, which is expected to offset potential dilution from compensation plans estimated to be approximately 500,000 shares.
Curtiss-Wright is a manufacturing and service company that designs, manufactures, and overhauls components and provides engineered products and services. Co.'s segments are: Commercial/Industrial, which provides engineered products and services including electronic throttle control devices and transmission shifters; Defense, which provides commercial off-the-shelf embedded computing board-level modules, integrated subsystems, turret aiming and stabilization products, flight test equipment, and aircraft data management solutions; and Power, which provides pumps, control rod drive mechanisms, fastening systems, spent fuel management products, and fluid sealing products.
CW SEC Filing Email Alerts Service
Open the CW Page at The Online Investor »
|
Open the CW Page at The Online Investor (in a new window) »
![]() ![]() Get SEC Filing Alerts Get Dividend Alerts ![]() ![]() |
![]() Strong Buy (4.00 out of 4) 92nd percentile
(ranked higher than approx. 92% of all stocks covered)
Analysts' Target Price: CW Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
