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Stock impact report

Ingersoll Rand Declares Regular Quarterly Cash Dividend, Announces Increased Share Repurchase Authorization [Yahoo! Finance]

Ingersoll Rand Inc. (IR) 
Last ingersoll rand inc. earnings: 1/29 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
creation and industrial solutions, declared today a regular quarterly cash dividend of $0.02 (two cents) per share of common stock, payable on June 6, 2024, to stockholders of record on May 16, 2024. Ingersoll Rand's Board of Directors also approved an incremental $1 billion increase to the share repurchase authorization. Aligned with the company's previously communicated capital allocation strategy, Ingersoll Rand estimates it will fully utilize the remainder of the existing $750 million repurchase authorization by the end of fiscal year 2024. The additional share repurchase authorization is consistent with the company's holistic capital allocation philosophy and focus on shareholder value creation. Under the repurchase program, Ingersoll Rand may from time to time repurchase shares of its common stock in the open market at prevailing market prices (including through Rule 10b5-1 plans), in privately negotiated transactions, a combination thereof, or through other transactions. Th Show less Read more
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