Graco Authorizes Repurchase of Additional 15 Million Shares and Increases Quarterly Dividend 7.3 Percent

Core Points - Graco Inc. has authorized a new plan to repurchase up to 15 million shares of its outstanding common stock [1] - The company currently has approximately 165.1 million shares outstanding [1] - The share repurchase will occur over an indefinite period or until the Board terminates the authorization [1]