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DAVIDSON, N.C. - Curtiss-Wright Corporation (NYSE:CW) announced Thursday that its Board of Directors has authorized an additional $416 million for future share repurchases, bringing the total available authorization to $550 million. The aerospace and defense company, which has seen its stock surge nearly 52% over the past year, continues to demonstrate confidence in its business outlook despite trading at a premium to its InvestingPro Fair Value.
The aerospace and defense company also declared a quarterly dividend of $0.24 per share, payable December 12, 2025, to stockholders of record as of November 28, 2025. InvestingPro data shows Curtiss-Wright has maintained dividend payments for an impressive 52 consecutive years and has raised its dividend for 8 consecutive years, with recent dividend growth of 14.29%.
Curtiss-Wright has expanded its 2025 share repurchase program twice since August, each time by $200 million. The company expects to repurchase at least $66 million in shares through ongoing 10b5-1 programs this year, projecting record annual share repurchases of $466 million in 2025.
Since early 2021, Curtiss-Wright has returned over $1.1 billion to shareholders through share repurchases.
"This meaningful increase in share repurchase authorization reflects our Board of Directors’ continued confidence in Curtiss-Wright’s healthy balance sheet and consistent free cash flow generation," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation, according to the press release. This confidence appears well-founded, as InvestingPro analysis shows the company operates with a moderate debt level and maintains a healthy current ratio of 1.75, indicating liquid assets comfortably exceed short-term obligations.
The company plans to repurchase $60 million in shares via a 10b5-1 program beginning in January 2026, which is expected to offset potential dilution from compensation plans.
Curtiss-Wright employs approximately 9,000 people and provides engineered products and services to aerospace, defense, commercial nuclear power, and industrial markets.
In other recent news, Curtiss-Wright Corporation announced its third-quarter earnings for 2025. The company reported an earnings per share (EPS) of $3.40, which exceeded analyst expectations of $3.30. However, Curtiss-Wright’s revenue slightly missed forecasts, coming in at $869 million against the anticipated $869.6 million. Despite the positive earnings surprise, the stock saw a decline following the announcement. These developments are part of the company’s recent performance updates. Investors often closely monitor such earnings and revenue results to gauge a company’s financial health. Analyst firms provide these estimates, which serve as benchmarks for actual performance. Such earnings calls are crucial for understanding a company’s current position and future prospects.
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