Fortive Approves Increase in Share Repurchase Program to 20 Million Shares
Fortive approved an increase in the number of shares of Fortive's common stock authorized under its general share repurchase program with the total number of shares remaining available for repurchase under the General Share Repurchase Program following such increase equal to 20 million shares, including shares that were available prior to such increase. The shares available for repurchase under the General Share Repurchase Program are in addition to approximately $66.7M available under the $550M special purpose share repurchase program previously adopted by Fortive's Board of Directors under which Fortive may repurchase shares of Fortive common stock exclusively from the proceeds of the cash dividend and any other cash received by Fortive from Ralliant in connection with the separation of Ralliant completed on June 28, 2025. The repurchase programs have no expiration date and do not obligate Fortive to acquire any particular amount of shares, and may be suspended or discontinued at any time.
