Curtiss-Wright Boosts Share Buyback Authorization to $550 Million

Core Insights - Curtiss-Wright Corporation has approved an additional $416 million for share repurchases, increasing total buyback authorization to $550 million [1] - The company has returned over $1.1 billion to shareholders through repurchases since early 2021 and plans to repurchase $60 million in shares starting January 2026 [2] - The focus on enhancing shareholder value is supported by a disciplined capital allocation strategy and effective capital deployment [3] Financial Performance - Curtiss-Wright expects total sales to grow by 10-11% and earnings to increase by 19-21% in 2025, with projected free cash flow between $520 million and $535 million [5] - In the first nine months of 2025, the company generated $290.7 million in cash flow from operating activities, supporting its share repurchase strategy [6] - The company held $225.4 million in cash and reported an 11.1% sales growth, aiding ongoing shareholder returns [10] Share Repurchase Strategy - The company has completed two separate $200 million expansions of its 2025 share repurchase program and expects to repurchase at least $66 million in shares this year [1] - In the first nine months of 2025, Curtiss-Wright repurchased shares worth $325.1 million [4] - The company is positioned for a record $466 million in annual share buybacks in 2025 [1] Market Position - Shares of Curtiss-Wright have risen by 27.5% over the past six months, outperforming the industry's average return of 7.2% [12] - The company remains committed to expanding its business through strategic acquisitions, driven by improving end-market conditions and rising demand for its products [4]