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Graco Authorizes Repurchase of Additional 15 Million Shares and Increases Quarterly Dividend 7.3 Percent

businesswire.com
GGG Graco Inc. announced a significant share repurchase authorization and a substantial increase in its quarterly dividend, signaling strong financial health and confidence in future performance.

MINNEAPOLIS--( BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) today authorized the following actions related to the Company’s common stock, of which there are approximately 165.1 million shares outstanding:

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.