Stanley Black & Decker Stock Rises as $500 Million Buyback Puts Cash Returns Back in Focus

Stanley Black & Decker jumped roughly 4% Monday. The DeWalt and Craftsman parent signed off on a $500 million buyback plan and kept its quarterly dividend intact, offering investors another cue on capital returns ahead of earnings later this week. Shares were last changing hands at $79.86, up $3.22, with more than 2.6 million traded.

Stanley Black & Decker (SWK) Stock: Big Earnings Beat, 5% Dividend – Rebound Ahead in 2025?

Stanley Black & Decker (SWK) Stock: Big Earnings Beat, 5% Dividend – Rebound Ahead in 2025?

Stanley Black & Decker, Inc. is a venerable American industrial company known for its iconic tool brands and industrial solutions. Founded in 1843 and headquartered in New Britain, Connecticut, Stanley Black & Decker has grown into a worldwide leader in tools and outdoor equipmentprnewswire.comprnewswire.com. The company’s mission is to provide tools and innovative solutions that support the world’s builders, makers, and tradespeople – from professional contractors to do-it-yourself homeowners.