CLEVELAND - TransDigm (NYSE:TDG) Group Incorporated (NYSE:TDG), a leading global designer and supplier of aircraft components, today announced a special dividend of $75.00 per share on its common stock. The Company's Board of Directors has set the record date as October 4, 2024, with the dividend payment scheduled for October 18, 2024.

Kevin Stein, President and CEO of TransDigm Group, commented on the dividend, saying that it is in line with the company's goal of achieving shareholder returns comparable to well performing private equity funds while maintaining the liquidity of a public market. He emphasized that the special dividend reflects the company's active balance sheet management and its commitment to returning capital to shareholders while maintaining financial flexibility.

TransDigm Group, through its wholly-owned subsidiaries, is known for its extensive portfolio of advanced aircraft components used in nearly all commercial and military aircraft currently in service. The company's product offering includes a wide range of components, including mechanical/electromechanical actuators, ignition systems, specialty pumps and various other advanced aerospace technologies.