Otis Worldwide (OTIS) said late Thursday its board has authorized a new $2 billion share repurchase program, effective immediately.
As part of the new authorization, the board canceled the remaining $100 million from the previous program approved on Dec. 1, 2022.
Shares of the company rose 1.8% in recent after-hours activity.
Price: 94.89, Change: +1.69, Percent Change: +1.81
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