SWK · 10-Q · 2026Q4 · Full report

Capital Return Program

STANLEY BLACK & DECKER, INC. · 2026-11-04 · Importance 44 · Surprise 24 · In source text

In the third quarter of 2026, the company used $250.9 million to purchase common stock for treasury and paid $122.9 million in common-stock dividends. For the first nine months of 2026, treasury-stock purchases totaled $518.3 million and dividend payments totaled $373.2 million. The company also paid $125.0 million in May 2026 to partially settle a forward share purchase contract, physically settling 1,271,583 shares; 2,373,927 shares remained under the contract afterward.

Key facts

• The Company's forward share purchase contract covers 3,645,510 common shares and obligates it to pay $350 million plus an additional amount related to the forward component. source
• In May 2026, the Company paid $125 million and physically settled 1,271,583 shares under the forward share purchase contract; 2,373,927 shares remained under the contract afterward. source
• In September 2025, the Company amended the forward share purchase contract and set its final settlement date to June 2028, or earlier at the Company's option. source
• In October 2025, the Board authorized up to $3.0 billion of repurchases of Company securities other than common stock; none had been executed. source

Impact estimates