ITT Approves New $1 Billion Share Repurchase – Buyback Wednesdays

ITT Inc. (ITT): $99.41

Market Cap: $8.16B

EV: $8.18B

Key Insights

• ITT Inc. manufactures and distributes specialized industrial solutions and critical components across three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies.
• ITT has approximately 10,000 employees in more than 35 countries and serves customers in nearly 125 countries.
• The company reported strong growth for Q2 2023, with a 13.7% YoY increase in revenue and over 40% growth in net income.

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