0001037868FALSE00010378682025-02-072025-02-07

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
__________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 7, 2025
__________________
AMETEK, Inc.
(Exact name of registrant as specified in its charter)
__________________
Delaware1-1298114-1682544
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1100 Cassatt Road
Berwyn,
Pennsylvania
19312
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (610) 647-2121
Not Applicable
(Former name or former address, if changed since last report)
__________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, $0.01 Par Value (voting)AMENew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 



Item 8.01 Other Events
On February 7, 2025, AMETEK, Inc. issued a press release announcing that its Board of Directors has approved an 11% increase in its
quarterly cash dividend on its common stock to $0.31 per share from $0.28 per share. Additionally, AMETEK's Board of Directors approved a $1.25 billion share repurchase authorization. This new authorization replaces the previous $1 billion share repurchase authorization approved in May 2022, of which approximately $590 million remained available. A copy of the release is attached as Exhibit 99.1 hereto and is hereby incorporated by reference in this Form 8-K.Item 8.01 Other Events.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
 
104Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMETEK, Inc.
February 10, 2025By:
/s/ THOMAS M. MONTGOMERY
Name: Thomas M. Montgomery
Title: Senior Vice President - Comptroller

Exhibit 99.1
a65.jpg

AMETEK Increases Quarterly Dividend and Announces $1.25 Billion Share Repurchase Authorization


Berwyn, Pa., February 7, 2025 – AMETEK, Inc. (NYSE: AME) today announced its Board of Directors has approved an 11% increase in its quarterly cash dividend on common stock to $0.31 per share from $0.28 per share. The dividend is payable on March 31, 2025, to shareholders of record as of March 14, 2025. This dividend increase will raise the indicated annual rate to $1.24 per share.
Additionally, AMETEK's Board of Directors approved a $1.25 billion share repurchase authorization. This new authorization replaces the previous $1 billion share repurchase authorization approved in May 2022, of which approximately $590 million remained available.

"AMETEK remains committed to deploying our robust cash flows on strategic acquisitions to enhance long-term shareholder value. Given our strong financial position we are also able to provide our shareholders with a higher and steadily increasing dividend. Additionally, the increased share repurchase authorization provides us with added flexibility to enhance shareholder value through the opportunistic repurchase of our common stock," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer.


Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247
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Cover
Feb. 07, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Feb. 07, 2025
Entity Registrant Name AMETEK, Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 1-12981
Entity Tax Identification Number 14-1682544
Entity Address, Address Line One 1100 Cassatt Road
Entity Address, Postal Zip Code 19312
Entity Address, State or Province PA
Entity Address, City or Town Berwyn,
City Area Code 610
Local Phone Number 647-2121
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Title of 12(b) Security Common Stock, $0.01 Par Value (voting)
Trading Symbol AME
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0001037868
Amendment Flag false

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