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Capital Stock | 12 Months Ended
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Dec. 28, 2024
Equity [Abstract] |
Capital Stock | Capital Stock Snap-on has undertaken repurchases of Snap-on common stock from time to time to offset dilution created by shares issued for employee and franchisee stock purchase plans, stock awards and other corporate purposes, as well as when the company believes market conditions are favorable. Snap-on repurchased 952,000 shares, 1,126,000 shares and 899,000 shares in 2024, 2023 and 2022, respectively. As of 2024 year end, Snap-on has remaining availability to repurchase up to an additional $429.4 million in common stock pursuant to Board authorizations. The purchase of Snap-on common stock is at the company’s discretion, subject to prevailing financial and market conditions. Cash dividends paid in 2024, 2023 and 2022 totaled $406.4 million, $355.6 million and $313.1 million, respectively. Cash dividends per share in 2024, 2023 and 2022 were $7.72, $6.72 and $5.88, respectively. On February 13, 2025, the company’s Board declared a quarterly dividend of $2.14 per share, payable o n March 10, 2025, to shareholders of record on February 24, 2025.

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