ITW · News · 20260806N
Capital Return Program
ILLINOIS TOOL WORKS INC · 2026-08-06 · Importance 69 · Surprise 50
ITW’s board authorized a new $6 billion share-repurchase program on August 7, 2026. The board also approved a 7% increase in the regular annual cash dividend, from $6.44 to $6.88 per share. The increased fourth-quarter dividend is $1.72 per share and is payable October 9, 2026, to shareholders of record on September 30, 2026. The dividend increase represents ITW’s 63rd consecutive annual increase.
Key facts
- Pacer Advisors Inc. sold 8,518 shares and retained 22,581 shares valued at approximately $5.9 million. source