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

Key Terms

open-market purchases financial

Open-market purchases are when a company or institution buys its own shares or other securities using the public stock market rather than through a private deal. For investors this matters because such buying reduces the number of shares available, often boosting metrics like earnings per share and signaling management thinks the stock is undervalued, while also using cash that might otherwise fund growth or dividends — like a business buying back chips at the table to increase each remaining player's stake.

accelerated share repurchase financial

An accelerated share repurchase is a deal where a company hires a bank to buy back a large block of its own stock immediately on the open market, with the bank later settling the exact number of shares over time. For investors it matters because the immediate reduction in shares outstanding can raise per‑share earnings and often supports the stock price, but it also uses company cash or borrowing and can change liquidity and future growth funding.

quarterly dividend financial

A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.

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:

• Authorization of a new plan to purchase up to 15 million shares of the Company’s outstanding common stock over an indefinite period of time or until the authorization is terminated by the Board. These shares will be acquired primarily through open-market purchases and accelerated share repurchase transactions from time to time. Shares purchased under this authorization will be in addition to approximately 8 million shares remaining under another share repurchase authorization that was announced in December of 2018.

• The declaration of a regular quarterly dividend of 29.5 cents ($0.295) per common share, an increase of 7.3 percent, payable on February 4, 2026, to shareholders of record at the close of business on January 19, 2026.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251205416101/en/

FOR FURTHER INFORMATION:

Investors: David M. Lowe, 612-623-6456

Media: Kirstie L. Foster, 612-623-6249

Kirstie_L_Foster@graco.com

Source: Graco Inc.