Aug
22
ITW Board Approves New $3 Billion Share Repurchase
Posted by Administrator under ITW
Illinois Tool Works Inc. (NYSE: ITW) announced a new share repurchase program to buy back up to $3 billion of the company’s common stock over an open-ended period of time. The full authorization represents approximately 55 million shares based on the company’s closing share price on August 20, 2007.
The company’s existing share repurchase authorization, announced […]