Tiger Brokers

Stanley Black & Decker Authorizes $500M Share Repurchase

Dow Jones
Apr 25

By Kelly Cloonan

Stanley Black & Decker approved a $500 million share repurchase authorization.

The power and hand tools maker also terminated its previous repurchase authorization of up to 20 million shares as part of the new repurchase program structure, the company said Friday. The termination took effect April 23, and at the time, all 20 million shares remained available under the prior authorization.

The new authorization will expire three years from the date of approval, the company said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 24, 2026 17:01 ET (21:01 GMT)

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