6 unchanged sentences
AGCO, AMETEK, CSX, Dover, Eaton Corporation, Emerson Electric, Illinois Tool Works, Ingersoll Rand Inc., Jacobs Solutions Inc., Norfolk Southern Corporation, Oshkosh Corporation, Parker-Hannifin Corporation, Rockwell Automation Inc., Snap-on Incorporated, Stanley Black & Decker Inc., Textron, Inc., The Timken Company, The TransDigm Group, and Xylem.
−Removed: For 2024, changes to the Peer Group were made for better industry alignment and financial comparability considerations.
+Added: This graph assumes that the investment in the Company’s common stock, peer group and each index was $100 on December 31, 2020 and that all dividends were reinvested.
+Added: The following table summarizes stock performance graph data points in dollars:
+Added: December 31, 2020 2021 2022 2023 2024 2025
+Added: Westinghouse Air Brake Technologies $ 100.00 $ 126.53 $ 137.97 $ 176.52 $ 264.98 $ 299.81
+Added: S&P 500 Industrials (Sector) (TR) $ 100.00 $ 121.12 $ 114.48 $ 135.24 $ 158.87 $ 189.72
+Added: S&P 500 Index - Total Return $ 100.00 $ 128.71 $ 105.40 $ 133.10 $ 166.40 $ 196.16
+Added: Peer Group $ 100.00 $ 125.76 $ 111.17 $ 139.12 $ 159.98 $ 178.86
Issuer Purchases of Common Stock
4 unchanged sentences
Total quarter ended December 31, 2025 371,898 $ 201.67 371,898 $ 777
−Removed: (1) On December 3, 2024, the Board of Directors authorized an additional $1.0 billion to the Company's existing stock repurchase program for stock repurchases of the Company’s outstanding shares.
−Removed: This new authorization provides an additional $1.0 billion that became available for repurchases after the remaining availability as of December 3, 2024 was expended.
−Removed: No time limit was set for the completion of the program which conforms to the requirements under the 2022 Credit Agreement, the 2024 Credit Agreement and the indentures for the Senior Notes currently outstanding.
+Added: (1) As of December 31, 2025, approximately $777 million was remaining under the Company's stock repurchase plan.
+Added: On February 6, 2026, the Board of Directors reauthorized the stock repurchase program and refreshed the amount available for stock repurchases to $1.2 billion of the Company’s outstanding shares.
+Added: This new stock repurchase authorization supersedes the previous authorization of $1.0 billion, of which approximately $760 million remained at the reauthorization date.
+Added: No time limit was set for the completion of the program, which conforms to the requirements under the agreements governing the Company's credit facilities and the indentures for the Senior Notes currently outstanding.
The Company may repurchase shares in the future at any time, depending upon market conditions, our capital needs and other factors.
Purchases of shares may be made by open market purchases or privately negotiated purchases and may be made pursuant to Rule 10b5-1 plan or otherwise.
−Removed: As of December 31, 2024, approximately $1.0 billion was remaining under the stock repurchase plan.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.