The Online Investor
ITW Buyback image

Illinois Tool Works Inc. Buyback

OLI recorded this information on 8/2/2013

Company: Illinois Tool Works Inc.
Buyback: ITW buyback
$Amount Authorized: $6,000,000,000
Buyback Details: Illinois Tool Works Inc. (NYSE: ITW) today announced that its board of directors approved a new share repurchase program that authorizes management to buy back up to $6 billion of the Company's common stock over an open ended period of time. The full authorization represents approximately 81 million shares based on ITW's closing share price on August 1, 2013.

Illinois Tool Works manufactures a range of industrial products and equipment. Automotive OEM segment produces components and fasteners for automotive-related applications. Food Equipment segment is engaged in commercial food equipment. Test and Measurement and Electronics segment produces equipment for testing and measuring of materials and structures. Welding segment produces arc welding equipment, consumables and accessories. Polymers and Fluids segment produces adhesives, sealants, lubrication and cutting fluids for auto aftermarket maintenance. Construction Products segment supplies fastening systems and solutions. Specialty Products segment is focused on patent protection.

Illinois Tool Works SEC Filing Email Alerts Service

Open the ITW Page at The Online Investor »

Company Name: 
Illinois Tool Works, Inc.
Stock buyback: 
ITW buyback
Website: 
www.itw.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding ITW: 
114
Total Market Value Held by ETFs: 
$8.57B
Total Market Capitalization: 
$74.67B
% of Market Cap. Held by ETFs: 
11.48%
 

Open the ITW Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree ITW Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (1.90 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
ITW Stock Forecast

Based on Zacks ABR data;
powered by Xignite

ITW Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.