Buybacks & Dividends$XYL
Xylem approves new $1.5 billion share repurchase program
Xylem's board approved a new share repurchase program of up to $1.5 billion with no expiration date. The company may buy shares on the open market and suspend the program at any time.
Key takeaways
- Xylem (XYL) board approved a new share repurchase program authorizing purchases of up to $1.5 billion of common stock. The program has no expiration date and may be suspended at any time at the company's discretion.
Xylem (XYL) approved a new share repurchase program of up to $1.5 billion of its common stock. The board approved it Nov. 13.
The program has no expiration date. Repurchases may be made through open market purchases or otherwise. Xylem sets the terms, timing and amounts, but total repurchases cannot exceed $1.5 billion. Xylem is not obligated to buy any particular amount and may suspend the program at any time.