8-KOther EventsExhibits & Filings

CURTISS WRIGHT CORP 8-K Report, Corporate Update (Sep 14, 2026)

Filed September 14, 2026For Securities:CW

Summary

Curtiss-Wright Corporation (CW) announced on September 14, 2026, through an 8-K filing, that its Board of Directors authorized an additional $510 million for its common stock repurchase program on September 10, 2026. This brings the total available authorization to $700 million, including previously remaining funds. This action signals management's confidence in the company's financial position and its commitment to returning value to shareholders. The company has also implemented a written trading plan under Rule 10b5-1, committing to repurchase $100 million of its stock ratably through the end of October 2026. This structured approach allows for repurchases even during potential blackout periods, ensuring continued execution of the share buyback strategy. While the primary stated purpose is to offset the dilutive impact of equity compensation, the company also reserves the right to make opportunistic repurchases.

Key Highlights

  • 1Board authorized an additional $510 million for common stock repurchases, bringing total available authorization to $700 million.
  • 2Implemented a Rule 10b5-1 trading plan to repurchase $100 million of common stock by October 30, 2026.
  • 3The share repurchase authorization has no expiration date and may be amended or terminated by the Board.
  • 4Repurchases can be executed through various methods including open market, accelerated, or privately negotiated transactions.
  • 5The primary stated use for repurchases is to offset dilutive effects of employee equity compensation.
  • 6Company may also make discretionary, opportunistic share repurchases.
  • 7The 10b5-1 plan allows for repurchases during periods when the company might otherwise be restricted.

Frequently Asked Questions

The total available authorization for share repurchases is $700 million, which includes the newly authorized $510 million and $190 million of remaining availability from previous authorizations.

The company has entered into a Rule 10b5-1 trading plan to execute $100 million of repurchases ratably through October 30, 2026. Following this plan, the company expects to have $600 million remaining authorization. Repurchases can also be made through other methods such as open market purchases, accelerated share repurchases, and negotiated transactions.

Curtiss-Wright presently expects to use these repurchases primarily to offset the dilutive impact of employee equity-based compensation plans. However, the company also reserves the right to make discretionary, opportunistic share repurchases.

No, the share repurchase authorization does not have an expiration date. It may be amended, discontinued, or terminated by the Board of Directors at any time without prior notice.