CEO of Emerson Electric Purchases 10,000 Shares – Insider Weekends

Emerson Electric (EMR): $88.51

Market Cap: $50.46B

Enterprise Value: $47.31B

Key Insights

• The 133 year old Emerson Electric has a lifer as CEO. Both the CEO and a long serving director purchased shares in November.
• The director is an M&A attorney who has been on the board since 2000 and last purchased shares in March 2020.
• The company allocated $2 billion to a buyback program in 2023 and has a new $500 million program for 2024.

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