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Stock impact report

Illinois Tool Works Refreshes $3.0b Credit Line To Support Future Moves [Yahoo! Finance]

Illinois Tool Works Inc. (ITW) 
Last illinois tool works inc. earnings: 1/31 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.itw.com
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Illinois Tool Works entered into a new five year $3.0 billion revolving credit agreement. The new facility replaces the company's previous credit arrangement ahead of its original maturity. The agreement includes multi currency features and can be expanded under certain conditions. For investors watching NYSE:ITW, this new $3.0 billion facility sits alongside a share price of $290.63 and a long record of trading in large industrial markets. The stock is up 12.5% over the past month, 16.5% year to date, and 55.4% over five years, which provides context as the company refreshes its core banking backstop. The larger, flexible credit line gives Illinois Tool Works additional capacity to fund acquisitions, organic projects, or manage working capital as conditions change. For those tracking the stock, this development relates less to immedi Show less Read more
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