FTV · News · 20260805N
Capital Return Program
Fortive Corp · 2026-08-05 · Importance 34 · Surprise 42 · In source text
Fortive authorized a share repurchase program covering up to 20 million shares. The authorization was cited alongside second-quarter EPS of $0.74 and revenue of approximately $1.10 billion. The digest did not report a dollar value, execution timeframe, or shares repurchased under the authorization.
Key facts
- Fortive has authorized a repurchase of up to 20 million shares. source
- Pacer Advisors Inc. reduced its stake in Fortive by 10.9% in the first quarter and now holds 1.07 million shares valued at approximately $59.04 million. source
- Institutional investors collectively own 94.94% of Fortive. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Fortive has authorized a repurchase of up to 20 million shares. |