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0 0.0176537585421414 -0.000284738041002181 -0.000284738041002181 -0.0195899772209567 -0.0195899772209567 0.0124145785876994 0.0124145785876994
Stock impact report

ITT Announces Launch of Underwritten Public Offering of Common Stock

ITT Inc. (ITT) 
Last itt inc. earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: itt.com/investors
Company Research Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--December 8, 2025-- ITT Inc. (“ITT” or the “Company”) (NYSE: ITT) today announced that it has commenced an underwritten public offering of 7,000,000 shares of its common stock, par value $1.00 per share. The Company expects to grant the underwriters a 30-day option to purchase 1,050,000 additional shares of common stock.The Company intends to use the net proceeds from the offering to fund a portion of the previously announced acquisition of the business of SPX FLOW, Inc. (the “Acquisition”). In the event that the Acquisition is not completed, the proceeds from the offering will be used for general corporate purposes.Goldman Sachs & Co. LLC and UBS Investment Bank are acting as lead book-running managers with Barclays acting as a book-running manager. BTIG is acting as an additional bookrunner for the proposed offering.The offering is being made pursuant to the automatic shelf registration statement on Form S-3ASR filed by the Company on November 1, Show less Read more
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