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Dover Announces Pricing Terms, Expiration and Results of Cash Tender Offers for Certain of Its Outstanding Debt Securities

Globe Newswire•05/11/2026•20:50 ET
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Key Highlights

  • ➤Dover accepted $65.68 million of 6.650% Debentures due 2028 tendered
  • ➤Dover accepted $76.571 million of 6.600% Notes due 2038 tendered
  • ➤Dover accepted $135.395 million of 5.375% Debentures due 2035 tendered
  • ➤Dover accepted $15.357 million of 5.375% Notes due 2041, with 12.64% proration
  • ➤Tender offers expired November 5; settlement expected November 9, 2026

DOWNERS GROVE, Ill., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Dover (NYSE: DOV), a diversified global manufacturer, today announced the pricing terms, expiration and results of its previously announced tender offers (each, a “Tender Offer” and together, the “Tender Offers”) to purchase for cash up to an aggregate purchase price, excluding the Accrued Coupon Payment (as defined below), of $300,000,000 (the “Tender Cap”), of the debt securities referred to below (collectively, the “Notes,” and each, a “Series” of Notes), in the order of Acceptance Priority Levels set forth in the table below and subject to proration.

Each Tender Offer has been made upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 26, 2026, as amended by Dover’s press release dated October 30, 2026 (the “Offer to Purchase”), and any related documents (together with the Offer to Purchase, the “Tender Offer Documents”). On October 30, 2026, Dover announced that it had increased the Tender Cap from $230,000,000 to $300,000,000 and extended the expiration of the Tender Offers from 5:00 p.m., New York City time, on October 30, 2026 to 5:00 p.m., New York City time, on November 5, 2026. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

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