DCI Buyback

Donaldson Company, Inc. Buyback

OLI recorded this information on 11/17/2023

Company:

Donaldson Company, Inc.

Buyback:

DCI buyback

$Amount Authorized:

$12,000,000

Buyback Details:

Donaldson Company, Inc. (NYSE:DCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share and authorized a new share repurchase program. The dividend is payable December 20, 2023, to shareholders of record on December 5, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 will mark the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years. Additionally, Donaldson's Board of Directors authorized the repurchase of up to 12 million shares of its common stock, or approximately 10 percent of its outstanding shares. The new repurchase authorization replaces the existing authority that was approved in May 2019. To date, the Company has repurchased approximately 11 million shares under the prior authorization of 13 million shares.

Donaldson is engaged in filtration products and solutions. Co.'s reportable segments are Mobile Solutions, which consists of replacement filters for both air and liquid filtration applications as well as exhaust and emissions, including air filtration systems, fuel, lube and hydraulic systems, emissions systems and sensors, indicators and monitoring systems; Industrial Solutions, which consists of the Industrial Air Filtration, Industrial Gasses, Industrial Hydraulics, Power Generation and Aerospace and Defense business units; and Life Sciences, which includes Bioprocessing, Food and Beverage, Medical Device, Vehicle Electrification, Microelectronics and Disk Drive business units.

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DCI — Key Stats (updated 9 hours, 25 minutes ago)

Company Name:	Donaldson Co. Inc.
Stock buyback:	DCI buyback
Website:	www.donaldson.com
Sector:	Industrial Machinery & Equipment
Number of ETFs Holding DCI:	76
Total Market Value Held by ETFs:	$1.73B
Total Market Capitalization:	$8.72B
% of Market Cap. Held by ETFs:	19.80%

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Donaldson Company, Inc. Buyback

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