Howmet Aerospace — Feb 12, 2026 release

Inc., a small, privately held producer of high-quality fastener products in an all-cash transaction on February 6, 2026 · Repurchased $200 million of common stock in fourth quarter 2025 at an average price of $194.61 per share · Repurchased additional $150 million of common stock in 2026 year to date at an average price of $215.28 per share · Paid a quarterly dividend of $0.12 per share on common stock in fourth quarter 2025, up 50% YoY. Declared a dividend of $0.12 per share on common stock in the first quarter 2026 · Issued $500 million of 4.55% Notes due 2032; Redeemed all outstanding principal amount of $625 million of 5.90% Notes due 2027; Reduces annualized interest expense by approximately $14 million. Debt actions taken during 2025 reduced debt by approximately $265 million and annualized interest expense by approximately $22 million · Redeemed all outstanding Preferred Stock in fourth quarter 2025 for approximately $55 million · Reduced gross pension obligation by approximately $125 million by annuitizing the remainder of the Company’s UK pension plan · FY 2026: Revenue growth guidance at approximately 10%, Expect improved profit and cash generation · Combined the revenue disclosure for the Industrial Gas Turbine and Oil & Gas markets into Gas Turbines   PITTSBURGH, PA, February 12, 2026 – Howmet Aerospace (NYSE: HWM) today reported fourth quarter and full year 2025 results. The Company reported record fourth quarter 2025 revenue of $2.2 billion, up 15% year over year, driven by growth in the commercial aerospace mark