Fortive announces replenishment of buyback authorization to 20M shares

Fortive (FTV) “announced that its Board of Directors has approved an increase in the number of shares of Fortive’s common stock authorized under its general share repurchase program by approximately 15.63 million additional shares. Following such increase, the total number of shares remaining available for repurchase under the General Share Repurchase Program will be 20 million shares, including approximately 4.37 million shares available under the prior authorizations by the Board of Directors. The General Share Repurchase Program has no expiration date.”