Curtiss-Wright Corp Files 8-K for Other Events

Ticker: CW · Form: 8-K · Filed: 2024-05-10T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, disclosure

Related Tickers: CWTR

TL;DR

CWTR filed an 8-K for 'Other Events' - need to check details for impact.

AI Summary

On May 9, 2024, Curtiss-Wright Corporation filed an 8-K report to disclose information regarding "Other Events." The filing does not contain specific details about new contracts, acquisitions, or financial results, but rather serves as a notification of events relevant to the company.

Why It Matters

This 8-K filing indicates that Curtiss-Wright Corporation has reported events requiring public disclosure, which could be material to investors. Investors should review the full filing for specific details.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for 'Other Events' and does not immediately disclose any negative or significantly impactful information.

Key Players & Entities

CURTISS-WRIGHT CORPORATION (company) — Registrant
130 Harbour Place Drive, Suite 300 Davidson, North Carolina 28036 (address) — Principal executive offices
May 9, 2024 (date) — Date of earliest event reported

FAQ

What specific 'Other Events' are being reported by Curtiss-Wright Corporation in this 8-K filing?

The provided text of the 8-K filing does not specify the details of the 'Other Events'; it only indicates that this section is being reported.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on May 9, 2024.

What is the principal executive office address for Curtiss-Wright Corporation?

The principal executive office address for Curtiss-Wright Corporation is 130 Harbour Place Drive, Suite 300, Davidson, North Carolina 28036.

Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?

This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the SIC code for Curtiss-Wright Corporation?

The Standard Industrial Classification (SIC) code for Curtiss-Wright Corporation is 3590, which falls under MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT.

Filing Stats: 641 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-05-10 11:22:05

Key Financial Figures

$300 million — mpany to repurchase up to an additional $300 million of its common stock. The total availabl
$400 m — k. The total available authorization is $400 million, including $100 million of remain
$100 million — uthorization is $400 million, including $100 million of remaining availability under the Com
$550 million — nder the Company's previously announced $550 million share repurchase authorization on Septe
$0.21 — quarterly dividend to twenty-one cents ($0.21) per share, payable July 5, 2024 to sto

Filing Documents

cw-20240509.htm (8-K) — 25KB
ex991_cwxq224.htm (EX-99.1) — 7KB
image1a.jpg (GRAPHIC) — 4KB
imagea.jpg (GRAPHIC) — 15KB
0000026324-24-000023.txt ( ) — 180KB
cw-20240509.xsd (EX-101.SCH) — 2KB
cw-20240509_lab.xml (EX-101.LAB) — 21KB
cw-20240509_pre.xml (EX-101.PRE) — 12KB
cw-20240509_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events On May 9, 2024, the Board of Directors of Curtiss-Wright Corporation (the "Company") authorized the Company to repurchase up to an additional $300 million of its common stock. The total available authorization is $400 million, including $100 million of remaining availability under the Company's previously announced $550 million share repurchase authorization on September 16, 2021. Share repurchases may be made through a variety of methods, which could include open market purchases, accelerated share repurchase transactions, negotiated block transactions, 10b5-1 plans, other transactions that may be structured through investment banking institutions or privately negotiated, or a combination of the foregoing. The repurchase authorization does not have an expiration date and may be amended, discontinued, or terminated by the Company's Board of Directors at any time without prior notice. The timing, price, and volume of share repurchases will depend on market conditions, relevant securities laws, and corporate, tax, regulatory and other relevant considerations. The Company presently expects to repurchase outstanding shares from time to time to offset the dilutive impact of employee equity-based compensation plans, but the Company also may make discretionary, opportunistic share repurchases. On May 9, 2024, the Board of Directors of the Company also authorized a 5% increase in the quarterly dividend to twenty-one cents ($0.21) per share, payable July 5, 2024 to stockholders of record as of June 17, 2024 . On May 10, 2024, the Company issued a press release announcing the above-described transactions. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and incorporated into this Item 8.01 by reference.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Exhibits. 99.1 Press Release dated May 10 , 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CURTISS-WRIGHT CORPORATION By: /s/ K. Christopher Farkas K. Christopher Farkas Vice President and Chief Financial Officer Date: May 10, 2024