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Stock impact report

Xylem Inc. Announces $1.5 Billion Share Repurchase Authorization [Yahoo! Finance]

Xylem Inc. New (XYL) 
Last xylem inc. new earnings: 2/6 06:50 am Check Earnings Report
US:NYSE Investor Relations: xylem.com/en-us/investors
Company Research Source: Yahoo! Finance
most challenging water issues, today announced that its Board of Directors has authorized a new share repurchase program of its common stock of up to $1.5 billion, effective immediately. Repurchases may be made from time to time on the open market or in privately negotiated transactions. "This authorization underscores our confidence in Xylem's strategy and our ability to generate strong, sustainable cash flow," said Matthew Pine, Xylem's president and CEO. "We remain committed to a balanced approach to capital allocation: investing in organic and inorganic growth while opportunistically returning capital to shareholders in a disciplined manner that supports long-term value creation." The Company intends to be opportunistic in its repurchases of stock based on market conditions and other factors, and may suspend or discontinue the repurchase program at any time. Xylem expects to continue prioritizing investments that enhance performance, innovation, and profitable growth, while ma Show less Read more
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