8-K

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)   October 17, 2007



THE BLACK & DECKER CORPORATION
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction
  of incorporation) 1-1553
(Commission File Number) 52-0248090
(IRS Employer
 Identification No.)

  701 East Joppa Road, Towson, Maryland
(Address of principal executive offices)   21286
(Zip Code)

Registrant's telephone number, including area code   410-716-3900

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:

[ ]
[ ]
[ ]
[ ]  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))

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ITEM 7.01 REGULATION FD DISCLOSURE.
On October 17, 2007, the Corporation announced that its Board of Directors increased the Corporation’s authorization under its stock repurchase program by 4.0 million shares. In addition, the Corporation announced that it had repurchased approximately 4.3 million shares in the third quarter and 5.4 million shares year-to-date under its share repurchase program. The Corporation also announced that its Board of Directors had declared a quarterly cash dividend of $.42 per share of the Corporation’s outstanding common stock payable December 28, 2007, to stockholders of record at the close of business on December 14, 2007. Attached to this Current Report on Form 8-K as Exhibit 99 is a copy of the Corporation’s related press release dated October 17, 2007.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99          Press Release of the Corporation dated October 17, 2007.

Exhibit 99 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in a filing.

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THE BLACK & DECKER CORPORATION

S I G N A T U R E S

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.

THE BLACK & DECKER CORPORATION


By: /s/ CHRISTINA M. MCMULLEN                  
        Christina M. McMullen
        Vice President and Controller

Date: October 17, 2007

EX-99

Contact: Mark M. Rothleitner
Vice President
Investor Relations and Treasurer
410-716-3979

Roger A. Young
Vice President
Investor and Media Relations
410-716-3979

FOR IMMEDIATE RELEASE: Wednesday, October 17, 2007

Subject:       Black & Decker Increases Share Repurchase Authorization by Four Million Shares; Purchases 4.3
                    Million Shares in Third Quarter 2007; Declares Regular Quarterly Cash Dividend

        Towson, MD – The Black & Decker Corporation (NYSE: BDK) announced that its Board of Directors increased the Corporation’s authorization under its stock repurchase program by 4.0 million shares. The Corporation repurchased approximately 4.3 million shares in the third quarter and 5.4 million shares year-to-date. With the additional shares authorized today, approximately 4.9 million shares remain authorized for repurchase. In addition, its Board of Directors declared a quarterly cash dividend of $0.42 per share of the Corporation’s outstanding common stock payable December 28, 2007, to stockholders of record at the close of business on December 14, 2007.

        Black & Decker is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems.

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