: Honeywell gets $10 billion buyback authorization


Honeywell International Inc. HON said Monday that its board of directors has authorized the repurchase of up to $10 billion in stock. That includes roughly $2.1 billion that was remaining under the company’s prior buyback authorization. There is no expiration date for the latest authorization. Shares of Honeywell were up 1% in Monday’s after-hours action. The stock has lost 8% so far this year as the Dow Jones Industrial Average DJIA, which counts Honeywell as a component, is ahead 2%.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleThe Big Move: My parents want to leave me and my spouse their house. How do I prevent ‘tension or resentment’ with my siblings?
Next articleUBS profit disappoints, drops 52% to $1.03 billion after U.S. litigation costs,


Please enter your comment!
Please enter your name here