Otis Authorizes $2 Billion for Share Repurchase
Otis Authorizes $2 Billion for Share Repurchase
FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) today announced that its Board of Directors has authorized the repurchase of $2 Billion of Common Stock under a share repurchase program, effective January 16, 2025. In conjunction with the new authorization, the Board of Directors cancelled the remaining approximately $100 million authorized under the prior program, approved December 1, 2022. Share repurchases may take place from time to time, subject to market conditions and at the company's discretion, in the open market, through privately negotiated transactions or other means.
法明頓,康涅狄格州,2025年1月16日 /PRNewswire/ -- 奧的斯全球公司 (紐交所:奧的斯)今天宣佈其董事會已授權在2025年1月16日生效的股票回購計劃下回購20億美金的普通股。與新的授權一起,董事會取消了在2022年12月1日批准的之前計劃下剩餘的約10000萬美元的授權。股票回購可能會不定期進行,具體取決於市場情況和公司的自由裁量權,可以在公開市場、通過私下協商的交易或其他方式進行。
About Otis
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit and follow us on LinkedIn, Instagram, and Facebook @OtisElevatorCo.
關於奧的斯
奧的斯是全球領先的電梯和自動扶梯製造、安裝和服務公司。我們每天運送23億人,並在全球維護大約230萬客戶單位,這是行業最大的服務組合。奧的斯總部位於美國康涅狄格州,擁有71,000名員工,包括42,000名現場專業人員,致力於滿足我們在200多個國家和地區的客戶及乘客的多樣化需求。要了解更多信息,請訪問 並關注我們在 LinkedIn, Instagram,以及 臉書 @奧的斯電梯公司。
Cautionary Statement
警示聲明
This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Otis is not obligated to purchase any shares under this authorization and may discontinue share repurchases at any time or periodically without notice. The timing, amount and form of future share repurchases under this authorization, if any, are subject to a number of risks and uncertainties. Risks and uncertainties include: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, future availability of credit and factors that may affect such availability or costs, levels of end market demand in construction, pandemic health issues, natural disasters and the financial condition of Otis' customers and suppliers; (2) risks associated with indebtedness; (3) challenges in the development and production of new products and services; and (4) the effect of changes in laws and regulations, political conditions and geopolitical conflicts in countries in which we operate and other factors beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
本公告包含與預期收益、現金流和分紅派息相關的聲明,構成證券法下的「前瞻性聲明」。所有前瞻性聲明涉及風險、不確定性和假設,這可能導致實際結果與前瞻性聲明中表達或暗示的結果有實質性差異。奧的斯沒有義務根據本授權購買任何股份,並且可隨時或定期停止股份回購,恕不另行通知。根據本授權進行的未來股份回購的時機、數量和形式(如有)受到多種風險和不確定性的影響。風險和不確定性包括:(1)奧的斯及其業務在美國及全球運營的行業和市場的經濟狀況及其變化的影響,包括金融市場狀況、商品價格波動、利率和外匯匯率、未來信用可用性及可能影響此類可用性或成本的因素、施工領域的最終市場需求、疫情健康問題、自然災害以及奧的斯客戶和供應商的財務狀況;(2)與負債相關的風險;(3)新產品和服務開發與生產的挑戰;以及(4)我們運營所在國家的法律法規變化、政治條件和地緣政治衝突的影響以及其他超出我們控制的因素。上述因素清單並不詳盡,也不一定按重要性順序列出。有關識別可能導致實際結果與前瞻性聲明中所述結果不一致的因素的更多信息,請參見奧的斯定期向證券交易委員會提交的10-K、10-Q和8-K表格的報告。任何前瞻性聲明僅在作出該聲明的日期有效,奧的斯沒有義務根據新信息、未來事件或其他原因更新或修訂該聲明,除非適用法律要求。
Media Contact: |
Investor Relations Contact: |
Katy Padgett |
Rob Quartaro |
+1-860-674-3047 |
+1-860-676-6011 |
[email protected] |
[email protected] |
媒體聯繫人: |
投資者關係聯繫: |
凱蒂·帕杰特 |
羅布·誇塔羅 |
+1-860-674-3047 |
+1-860-676-6011 |
[email protected] |
[email protected] |
SOURCE Otis Worldwide Corporation
來源奧的斯世界公司
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