Stanley Black & Decker (NYSE:SWK) (the "Company"), a global leader in tools and outdoor solutions, announced today that its Board of Directors approved a regular second quarter cash dividend of $0.83 per common share. The dividend is payable on Tuesday, June 23, 2026, to shareholders of record as of the close of business on Monday, June 8, 2026.

In addition, the Company announced today that its Board of Directors, on April 23, 2026, approved a $500 million common stock repurchase authorization. The authorization will expire 36 months from the date of approval.  As part of moving to this new repurchase program structure, the Company terminated its previous share repurchase authorization of up to 20 million shares of the Company's common stock effective April 23, 2026, at which time all 20 million shares remained available thereunder.