Ingersoll Rand to award $150 million in stock grants to all employees [MarketWatch]
Ingersoll Rand Inc. (IR)
Last ingersoll rand inc. earnings: 1/29 06:30 am
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ir.ingersollrand.com/investors/overview/default.aspx
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Source: MarketWatch
Ingersoll Rand Inc. said Monday that it is awarding $150 million in equity grants to its near 16,000 employees worldwide. The industrial technologies company said each eligible employee will receive a grant of the company's stock equal in value to 20% of that employee's annual base cash compensation. "This is a $150 million investment in our employees," said Chief Executive Vicente Reynal. "Our employees have carried us through the beginning of a successful integration between Gardner Denver and the Ingersoll Rand Industrial segment, built a solid foundation and now position us to pivot to growth and achieve great things in the future." The stock, which is still inactive in premarket trading, has slipped 2.1% year to date while the S&P 500 has gained 2.8%.
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News
- Ingersoll Rand Schedules First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Reasons Why Ingersoll Rand (IR) Should be in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Ingersoll Rand Inc. (NYSE: IR) had its price target raised by analysts at Citigroup Inc. from $105.00 to $112.00. They now have a "buy" rating on the stock.MarketBeat
- Ingersoll Rand Inc. (NYSE: IR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Air Compressor Market Projected to Reach $68.86 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
IR
Earnings
- 2/15/24 - Beat
IR
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/25/24 - Form 8-K
- IR's page on the SEC website