Illinois Tool Works IncITW
▲ PositiveCapitalrelevance
Board authorized $6B buyback and raised dividend 7%.
Impact on stocks 1
Robotics & Physical AI
Illinois Tool Works IncIllinois Tool Works announced that its board authorized a new $6 billion share repurchase program. The board also approved a 7% increase in the regular annual cash dividend, raising it from $6.44 to $6.88 per share, effective with a fourth-quarter dividend of $1.72 per share payable on October 9, 2026 to shareholders of record as of September 30, 2026.
Illinois Tool Works IncBoard authorized $6B buyback and raised dividend 7%.