Capital Stock |
12 Months Ended |
|---|---|
Jan. 03, 2026 | |
| 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 987,000 shares, 952,000 shares and 1,126,000 shares in 2025, 2024 and 2023, respectively. As of 2025 year end, Snap-on has remaining availability to repurchase up to an additional $260.0 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 2025, 2024 and 2023 totaled $462.2 million, $406.4 million and $355.6 million, respectively. Cash dividends per share in 2025, 2024 and 2023 were $8.86, $7.72 and $6.72, respectively. On February 12, 2026, the company’s Board declared a quarterly dividend of $2.44 per share, payable on March 10, 2026, to shareholders of record on February 24, 2026. |