Fortive increased share repurchase program by 15.63 million shares, funded by Ralliant dividend.

From Nasdaq: 2025-05-27 21:23:00

Fortive Corp. (FTV) has increased the number of shares authorized for its general share repurchase program by 15.63 million, bringing the total to 20 million shares. The program has no expiration date.

To fund the pending separation of Ralliant Corporation, Fortive’s precision technologies segment, the Board of Directors approved a special purpose share repurchase program. This program allows Fortive to buy up to $550 million of its common stock using proceeds from a $1.15 billion cash dividend from Ralliant to Fortive.



Read more at Nasdaq: Fortive Boosts Share Buyback Program With 15.63 Mln Additional Shares