{"id":519598,"date":"2021-07-29T06:34:09","date_gmt":"2021-07-29T10:34:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/"},"modified":"2021-07-29T06:34:09","modified_gmt":"2021-07-29T10:34:09","slug":"carriers-board-approves-1-75-billion-share-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/","title":{"rendered":"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PALM BEACH GARDENS, Fla.<\/span>, <span class=\"xn-chron\">July 29, 2021<\/span> \/PRNewswire\/ &#8212; On <span class=\"xn-chron\">July 27, 2021<\/span>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3242495-1&amp;h=638675917&amp;u=http%3A%2F%2Fwww.corporate.carrier.com%2F&amp;a=Carrier+Global+Corporation\" rel=\"nofollow noopener\">Carrier Global Corporation<\/a>&#8216;s\u00a0(NYSE:CARR) Board of Directors approved a <span class=\"xn-money\">$1.75 billion<\/span> stock repurchase authorization.\u00a0 Share repurchases may take place from time to time, subject to among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors, and at the company&#8217;s discretion in the open market or through one or more other public or private transactions.\u00a0 With the remaining portion of the prior authorization, Carrier now has authorization to repurchase about <span class=\"xn-money\">$2 billion<\/span>.\u00a0 This authorization is a key component of the company&#8217;s capital allocation plans, which will also include acquisitions and debt paydown over 12-18 months to help position the company for strategic growth and to generate attractive shareowner returns.\u00a0 The enterprise value from the Chubb sale amounts to <span class=\"xn-money\">$3.1 billion<\/span>, and as of <span class=\"xn-chron\">June 30, 2021<\/span>, Carrier had <span class=\"xn-money\">$2.6 billion<\/span> of cash.\u00a0 Carrier will provide additional detail during its earnings call scheduled for <span class=\"xn-chron\">July 29, 2021<\/span>. <\/p>\n<p>\n        <b><br \/>\n          <u>About Carrier<\/u>\u00a0 <br \/><\/b>As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we&#8217;ve led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3242495-1&amp;h=1122679522&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3061833-1%26h%3D4037314290%26u%3Dhttp%253A%252F%252Fwww.corporate.carrier.com%252F%26a%3Dwww.corporate.carrier.com&amp;a=www.corporate.carrier.com\" rel=\"nofollow noopener\">www.corporate.carrier.com<\/a><\/u>\u00a0or follow Carrier on social media at\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3242495-1&amp;h=1000733434&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3061833-1%26h%3D2188319590%26u%3Dhttp%253A%252F%252Fwww.twitter.com%252Fcarrier%26a%3D%2540Carrier&amp;a=%40Carrier\" rel=\"nofollow noopener\">@Carrier<\/a><\/u>.<\/p>\n<div>\n<table id=\"convertedTable0e70\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Contact:<\/b>\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Media Inquiries<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\" \/>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Danielle Canzanella<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">561-365-1101<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Danielle.Canzanella@Carrier.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Danielle.Canzanella@Carrier.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investor Relations<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Sam Pearlstein<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">561-365-2251<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:Sam.Pearlstein@Carrier.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Sam.Pearlstein@Carrier.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b><br \/>\n          <u>Cautionary Statement<br \/><\/u><br \/>\n        <\/b>This communication contains statements which, to the extent they are not statements of historical or present fact, constitute &#8220;forward-looking statements&#8221; under the securities laws.\u00a0 From time to time, oral or written forward-looking statements may also be included in other information released to the public.\u00a0 These forward-looking statements are intended to provide management&#8217;s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid.\u00a0 Forward-looking statements can be identified by the use of words such as &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;expectations,&#8221; &#8220;plans,&#8221; &#8220;strategy,&#8221; &#8220;prospects,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;target,&#8221; &#8220;anticipate,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;see,&#8221; &#8220;guidance,&#8221; &#8220;outlook,&#8221; &#8220;confident,&#8221; &#8220;scenario&#8221; and other words of similar meaning in connection with a discussion of future operating or financial performance or the separation and distribution from United Technologies Corporation (the &#8220;Separation&#8221; and the &#8220;Distribution&#8221;), since renamed Raytheon Technologies Corporation.\u00a0 Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, the estimated costs associated with the Separation, Carrier&#8217;s plans with respect to our indebtedness and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which Carrier and our 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, levels of end market demand in construction, the impact of weather conditions, pandemic health issues (including COVID-19 and its effects, among other things, on production and on global supply, demand and distribution as the outbreak continues and results in a prolonged period of travel, commercial and other restrictions and limitations), natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) future levels of indebtedness, capital spending and research and development spending; (4) future availability of credit and factors that may affect such availability, including credit market conditions and Carrier&#8217;s capital structure and credit ratings; (5) the timing and scope of future repurchases of Carrier&#8217;s common stock, including market conditions and the level of other investing activities and uses of cash; (6) delays and disruption in the delivery of materials and services from suppliers; (7) cost reduction efforts and restructuring costs and savings and other consequences thereof; (8) new business and investment opportunities; (9) risks resulting from being a smaller, less diversified company than prior to the Separation; (10) the outcome of legal proceedings, investigations and other contingencies; (11) the impact of pension plan assumptions on future cash contributions and earnings; (12) the impact of the negotiation of collective bargaining agreements and labor disputes; (13) the effect of changes in political conditions in the U.S. (including in connection with the Biden administration in <span class=\"xn-location\">Washington, D.C.<\/span>) and other countries in which Carrier and our businesses operate, including the effect of changes in U.S. trade policies or the <span class=\"xn-location\">United Kingdom&#8217;s<\/span> withdrawal from the European Union, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (14) the effect of changes (including potentially as a result of the Biden administration in <span class=\"xn-location\">Washington, D.C.<\/span>) in tax, environmental, regulatory (including among other things import\/export) and other laws and regulations in the U.S. and other countries in which we and our businesses operate; (15) the ability of Carrier to retain and hire key personnel; (16) the scope, nature, impact or timing of acquisition and divestiture activity, including among other things integration of acquired businesses into existing businesses and realization of synergies and opportunities for growth and innovation and incurrence of related costs; (17) the expected benefits of the Separation; (18) a determination by the U.S. Internal Revenue Service and other tax authorities that the Distribution or certain related transactions should be treated as taxable transactions; (19) risks associated with indebtedness, including that incurred as a result of financing transactions undertaken in connection with the Separation, as well as our ability to reduce indebtedness and the timing thereof; (20) the risk that dis-synergy costs, costs of restructuring transactions and other costs incurred in connection with the Separation will exceed Carrier&#8217;s estimates; and (21) the impact of the Separation on Carrier&#8217;s business and Carrier&#8217;s resources, systems, procedures and controls, diversion of management&#8217;s attention and the impact on relationships with customers, suppliers, employees and other business counterparties.<\/p>\n<p>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 materially from those stated in forward-looking statements, see Carrier&#8217;s reports 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 Carrier 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.<\/p>\n<p>CARR-IR<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/carriers-board-approves-1-75-billion-share-repurchase-authorization-301343554.html\">https:\/\/www.prnewswire.com\/news-releases\/carriers-board-approves-1-75-billion-share-repurchase-authorization-301343554.html<\/a><\/p>\n<p>SOURCE  Carrier Global Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE57842&amp;Transmission_Id=202107290631PR_NEWS_USPR_____NE57842&amp;DateId=20210729\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PALM BEACH GARDENS, Fla., July 29, 2021 \/PRNewswire\/ &#8212; On July 27, 2021, Carrier Global Corporation&#8216;s\u00a0(NYSE:CARR) Board of Directors approved a $1.75 billion stock repurchase authorization.\u00a0 Share repurchases may take place from time to time, subject to among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors, and at the company&#8217;s discretion in the open market or through one or more other public or private transactions.\u00a0 With the remaining portion of the prior authorization, Carrier now has authorization to repurchase about $2 billion.\u00a0 This authorization is a key component of the company&#8217;s capital allocation plans, which will also include acquisitions and debt paydown over 12-18 months to help position the company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-519598","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Carrier&#039;s Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carrier&#039;s Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PALM BEACH GARDENS, Fla., July 29, 2021 \/PRNewswire\/ &#8212; On July 27, 2021, Carrier Global Corporation&#8216;s\u00a0(NYSE:CARR) Board of Directors approved a $1.75 billion stock repurchase authorization.\u00a0 Share repurchases may take place from time to time, subject to among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors, and at the company&#8217;s discretion in the open market or through one or more other public or private transactions.\u00a0 With the remaining portion of the prior authorization, Carrier now has authorization to repurchase about $2 billion.\u00a0 This authorization is a key component of the company&#8217;s capital allocation plans, which will also include acquisitions and debt paydown over 12-18 months to help position the company &hellip; Continue reading &quot;Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-29T10:34:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization\",\"datePublished\":\"2021-07-29T10:34:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/\"},\"wordCount\":1183,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57842&amp;sd=2021-07-29\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/\",\"name\":\"Carrier's Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57842&amp;sd=2021-07-29\",\"datePublished\":\"2021-07-29T10:34:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57842&amp;sd=2021-07-29\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE57842&amp;sd=2021-07-29\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carriers-board-approves-1-75-billion-share-repurchase-authorization\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Carrier's Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/","og_locale":"en_US","og_type":"article","og_title":"Carrier's Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk","og_description":"PR Newswire PALM BEACH GARDENS, Fla., July 29, 2021 \/PRNewswire\/ &#8212; On July 27, 2021, Carrier Global Corporation&#8216;s\u00a0(NYSE:CARR) Board of Directors approved a $1.75 billion stock repurchase authorization.\u00a0 Share repurchases may take place from time to time, subject to among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors, and at the company&#8217;s discretion in the open market or through one or more other public or private transactions.\u00a0 With the remaining portion of the prior authorization, Carrier now has authorization to repurchase about $2 billion.\u00a0 This authorization is a key component of the company&#8217;s capital allocation plans, which will also include acquisitions and debt paydown over 12-18 months to help position the company &hellip; Continue reading \"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-29T10:34:09+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization","datePublished":"2021-07-29T10:34:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/"},"wordCount":1183,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/","name":"Carrier's Board Approves $1.75 Billion Share Repurchase Authorization - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29","datePublished":"2021-07-29T10:34:09+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE57842&amp;sd=2021-07-29"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/carriers-board-approves-1-75-billion-share-repurchase-authorization\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Carrier&#8217;s Board Approves $1.75 Billion Share Repurchase Authorization"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/519598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=519598"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/519598\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=519598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=519598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=519598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}