Graco Authorizes 15M Share Buyback And Raises Quarterly Dividend From $0.2750 To $0.295

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.