Business
TransDigm Group Declares a Special Cash Dividend of $90.00 Per Share and Announces Successful Completion of Incremental Debt
TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) today announced that its Board of Directors has authorized and declared a special cash dividend of $90.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is September 2, 2025, and the payment date for the dividend is September 12, 2025.
About this update from Transdigm Group Inc.
[{"type":"text","content":"CLEVELAND, Aug. 20, 2025 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) today announced that its Board of Directors has authorized and declared a special cash dividend of $90.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is September 2, 2025, and the payment date for the dividend is September 12, 2025.","length":492,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/TransDigm Group Incorporated)","displaySize":"","headline":null,"caption":"(PRNewsfoto/TransDigm Group Incorporated)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":78,"url":"https://media.zenfs.com/en/prnewswire.com/87897a4cbfe9c4eac64eef9d7e64166e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/DGNXeSMggzMD55oH77wM5g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/87897a4cbfe9c4eac64eef9d7e64166e","width":400,"height":78}},"href":"https://mma.prnewswire.com/media/835315/TransDigm_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"TransDigm Group also announced today that on August 19, 2025, its wholly-owned subsidiary, TransDigm Inc., received the funding of the previously announced incremental $5.0 billion of new debt, consisting of $500 million of new Senior Secured Notes maturing 2034 with an interest rate of 6.25%, $2.0 billion of new Senior Subordinated Notes due 2034 with an interest rate of 6.75% and $2.5 billion of new term loans maturing 2032 with an interest rate of Term SOFR plus 2.5%.","length":480,"tagName":"p"},{"type":"text","content":""Our regularly stated goal is to deliver returns to shareholders that are comparable to those of well performing private equity funds, while offering the liquidity of a public market. This special dividend is a key part of our ongoing efforts to actively manage our balance sheet and achieve that objective," stated Kevin Stein, TransDigm Group's President and Chief Executive Officer. "The payout of this $90.00 per share special dividend will leave us with significant liquidity and financial flexibility to address any likely range of capital requirements or other opportunities. As you know, we are conti...