Stanley Black & Decker declares Q2 2026 dividend and approves $500M share buyback plan

Stanley Black & Decker announced a second quarter 2026 cash dividend of $0.83 per share payable on June 23, 2026, to shareholders of record as of June 8, 2026. The company also approved a new $500 million common stock repurchase authorization valid for 36 months, replacing a previous authorization that had 20 million shares still available. The buyback program allows repurchases through various methods and may be funded by cash or borrowings, with no obligation to repurchase shares. This move signals the company's commitment to returning value to shareholders while maintaining financial flexibility.