TransDigm Group Inc Announces Special Cash Dividend

TransDigm Group Inc, a leading aerospace manufacturing company, has made significant announcements. The company’s stock price has been on an upward trend, with its value increasing over the past year.

• The company’s Board of Directors has authorized a special cash dividend of $90 per share.
• The dividend is expected to benefit shareholders.
• The company has successfully completed an incremental debt financing, providing it with additional financial flexibility.

The dividend payment is set to take place in September, with the record date for the special dividend being September 15, 2023. Shareholders of record as of this date will be eligible to receive the dividend.

Key Details

• Dividend amount: $90 per share
• Record date: September 15, 2023
• Payment date: September 2023