Ingersoll-Rand Authorizes $1.5 Billion Share Repurchase Program

Ingersoll-Rand plc's Board of Directors authorized a new share repurchase program of up to $1.5 billion of its ordinary shares, to commence upon completion of its existing $1.5 billion program.

“On February 8, 2017, Ingersoll-Rand plc (the “Company”) issued a press release announcing that its Board of Directors had authorized a new share repurchase program of up to $1.5 billion of the Company’s ordinary shares to commence upon the completion of the Company’s current $1.5 billion program.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.