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ITW Board of Directors Declares Quarterly Dividend
May 14, 2021 | ITWEstimated reading time: Less than a minute
The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.14 per share for the second quarter of 2021. The dividend equates to $4.56 per share on a full-year basis. The dividend will be paid on Thursday, July 15, 2021 to shareholders of record as of June 30, 2021.
The Board also approved a new share repurchase program that authorizes management to buy back up to $3 billion of the Company’s common stock over an open-ended period of time. The full authorization represents approximately 13 million shares based on ITW’s closing share price on May 6, 2021. The Company’s existing share repurchase authorization of $3 billion was announced in August 2018 and has approximately $1.0 billion remaining in that program as of March 31, 2021.
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Indium Corporation to Showcase Sustainable Solutions for Power Electronics at PCIM
05/17/2024 | Indium CorporationAs one of the leading materials providers to the power electronics assembly industry, Indium Corporation® will proudly showcase a selection of innovative products at PCIM Europe, June 11-13, in Nuremberg, Germany.
Siemens, Foxconn Team Up to Optimize Forward-thinking Manufacturing
05/16/2024 | FoxconnSiemens AG, a leading technology company, and Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.
IPC Releases May 2024 Global Sentiment of the Electronics Supply Chain Report
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Sypris Reports Q1 2024 Results; Revenue Up 10%
05/15/2024 | Sypris Solutions Inc.The Company’s first quarter 2024 consolidated revenue increased 10.1% to $35.6 million compared with the prior-year quarter, representing the 11th quarter of double-digit year-over-year growth during the past 12 quarterly periods.