Johnson Controls Authorizes Additional $9 Bln Share Repurchase Program
(RTTNews) - Johnson Controls International plc (JCI) announced that its board of directors has approved a new $9 billion share repurchase authorization.
This adds to the $1.1 billion that remained from the company's 2021 authorization as of the end of its second fiscal quarter.
Friday, JCI closed at $101.97, down 1.57%, and is currently trading after hours at $104.08, up 2.07% on the NYSE.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.