Graco authorizes repurchase of added 15M shares, raises quarterly dividend 7.3%

The board of directors of Graco (GGG) authorized a new plan to purchase up to 15M shares of the company’s outstanding common stock over an indefinite period of time or until the authorization is terminated by the board. Shares purchased under this authorization will be in addition to approximately 8M shares remaining under another share repurchase authorization that was announced in December of 2018. The board also declared a regular quarterly dividend of 29.5c per common share, an increase of 7.3%, payable on February 4, 2026, to shareholders of record at the close of business on January 19, 2026.