ILLINOIS TOOL WORKS INC.


Associated tags: ITW, Illinois Tool Works Inc. v. Independent Ink, Inc., NYSE

Locations: GLENVIEW, IL, US

ITW Board of Directors Declares Quarterly Dividend

Retrieved on: 
Friday, May 3, 2024

GLENVIEW, Ill., May 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the 2nd quarter of 2024.

Key Points: 
  • GLENVIEW, Ill., May 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the 2nd quarter of 2024.
  • The dividend equates to $5.60 per share on a full-year basis.
  • The dividend will be paid on July 11, 2024 to shareholders of record as of June 28, 2024.

ITW Schedules First Quarter 2024 Earnings Webcast

Retrieved on: 
Thursday, April 11, 2024

GLENVIEW, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its first quarter 2024 results on Tuesday, April 30, 2024 at 7:00 a.m. CDT.

Key Points: 
  • GLENVIEW, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its first quarter 2024 results on Tuesday, April 30, 2024 at 7:00 a.m. CDT.
  • Following the release, ITW will hold its first quarter 2024 earnings webcast at 9:00 a.m. CDT.
  • The passcode is “ITW.”
    Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com .
  • An audio-only replay will be available from April 30 through May 7 by dialing 1-800-770-2030 (domestic) or 1-609-800-9909 (international).

ITW Board of Directors Declares Quarterly Dividend

Retrieved on: 
Friday, February 9, 2024

GLENVIEW, Ill., Feb. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the first quarter of 2024.

Key Points: 
  • GLENVIEW, Ill., Feb. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the first quarter of 2024.
  • The dividend equates to $5.60 per share on a full-year basis.
  • The dividend will be paid on April 11, 2024 to shareholders of record as of March 29, 2024.

ITW Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 1, 2024

GLENVIEW, Ill., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its fourth quarter and full year 2023 results and initiated guidance for full year 2024.

Key Points: 
  • We made solid progress in our efforts to build above-market organic growth fueled by customer-back innovation into a defining ITW strength, on par with our world-class financial and operational capabilities.
  • End customer and channel inventory reduction efforts combined with the impact from automotive industry labor actions reduced organic growth by an estimated 1.5 percent in the quarter.
  • During the quarter, the company repurchased $375 million of its own shares and the effective tax rate was 22.6 percent.
  • For the same reasons, the company is unable to address the potential significance of the unavailable information, which could be material to future results.

ITW Schedules Fourth Quarter and Full Year 2023 Earnings Webcast

Retrieved on: 
Thursday, January 18, 2024

GLENVIEW, Ill., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2023 results on Thursday, February 1, 2024 at 7:00 a.m. CST.

Key Points: 
  • GLENVIEW, Ill., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2023 results on Thursday, February 1, 2024 at 7:00 a.m. CST.
  • Following the release, ITW will hold its fourth quarter and full year 2023 earnings webcast at 9:00 a.m. CST.
  • The passcode is “ITW.”
    Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com .
  • An audio-only replay will be available from February 1 through February 8 by dialing 1-800-770-2030 (domestic) or 1-647-362-9199 (international).

ITW Board of Directors Declares Quarterly Dividend

Retrieved on: 
Thursday, October 26, 2023

GLENVIEW, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the fourth quarter of 2023.

Key Points: 
  • GLENVIEW, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the fourth quarter of 2023.
  • The dividend equates to $5.60 per share on a full-year basis.
  • The dividend will be paid on January 11, 2024 to shareholders of record as of December 29, 2023.

ITW Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 24, 2023

Operating income of $1.1 billion, an increase of 9%

Key Points: 
  • Operating income of $1.1 billion, an increase of 9%
    GLENVIEW, Ill., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its third quarter 2023 results.
  • “The strength and resilience of ITW’s proprietary business model and high-quality diversified portfolio once again drove strong operational execution and financial performance in the third quarter.
  • “Organic revenue growth was two percent on an equal days’ basis in the quarter.
  • End customer and channel partner inventory reduction efforts associated with supply chain normalization reduced organic growth by an estimated 1 to 1.5 percent in the quarter.

ITW Schedules Third Quarter 2023 Earnings Webcast

Retrieved on: 
Tuesday, October 3, 2023

GLENVIEW, Ill., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2023 results on Tuesday, October 24, 2023 at 7:00 a.m. CDT.

Key Points: 
  • GLENVIEW, Ill., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2023 results on Tuesday, October 24, 2023 at 7:00 a.m. CDT.
  • Following the release, ITW will hold its third quarter earnings webcast at 9:00 a.m. CDT.
  • The passcode is “ITW.”
    Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com .
  • An audio-only replay will be available from October 24 through October 31 by dialing 1-800-770-2030 (domestic) or 1-647-362-9199 (international).

ITW Announces CEO Succession Plan

Retrieved on: 
Thursday, September 7, 2023

GLENVIEW, Ill., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW), a global multi-industry manufacturing leader, today announced a succession plan that capitalizes on the strength and depth of the ITW leadership team. Christopher A. O’Herlihy, currently Vice Chairman of ITW, will become President and Chief Executive Officer (CEO) and a member of the ITW Board of Directors, effective January 1, 2024. E. Scott Santi, ITW’s CEO since 2012, will step down as CEO and will remain Chairman of the ITW Board until March 1, 2024, at which time he will become Non-Executive Chairman of the ITW Board.

Key Points: 
  • GLENVIEW, Ill., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW), a global multi-industry manufacturing leader, today announced a succession plan that capitalizes on the strength and depth of the ITW leadership team.
  • Christopher A. O’Herlihy, currently Vice Chairman of ITW, will become President and Chief Executive Officer (CEO) and a member of the ITW Board of Directors, effective January 1, 2024.
  • E. Scott Santi, ITW’s CEO since 2012, will step down as CEO and will remain Chairman of the ITW Board until March 1, 2024, at which time he will become Non-Executive Chairman of the ITW Board.
  • As a result, ITW today is widely recognized as one of the world’s highest quality, best performing, and most respected industrial companies.

Miller Announces New Millermatic® 142 MIG Welder

Retrieved on: 
Tuesday, September 5, 2023

APPLETON, Wis., Sept. 5, 2023 /PRNewswire/ -- Miller Electric Mfg. LLC, a leading worldwide manufacturer of Miller® brand arc welding equipment, has released the new Millermatic 142 MIG welder, a lightweight machine in the 140-amp class.

Key Points: 
  • LLC , a leading worldwide manufacturer of Miller® brand arc welding equipment, has released the new Millermatic 142 MIG welder, a lightweight machine in the 140-amp class.
  • "Miller believes that no job is a small job, and every job deserves Miller quality."
  • The new Millermatic 142 replaces the Millermatic 141 in the Miller MIG welder lineup.
  • And because every Millermatic 142 is assembled in Appleton, Wisconsin, users can be confident about how their welder was built and the support they'll get after purchase.