Share Buyback Program Approved by Fortive (NYSE:FTV) Board of Directors
MarketBeat
Fortive (NYSE:FTV - Get Free Report) declared that its Board of Directors has authorized a share buyback plan on Tuesday, May 27th, RTT News reports. The company plans to buyback 15,630,000 shares. This buyback authorization allows the technology company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.
NYSE:FTV