Xylem Inc. declares Q3 dividend of 11.64 cents per share; announces a $250 million share repurchase program
The Board also authorized a
“We believe this provides a balanced approach to enhance shareowner
return," said
Repurchases under the new program will be made in the open market and are expected to be executed over three years.
About Xylem
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at www.xyleminc.com.
Forward-Looking Statements
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Caution should be taken not to place undue reliance on any such
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the Company’s historical experience and our present expectations or
projections. These risks and uncertainties include, but are not limited
to, those set forth in Item 1A in our Annual Report on Form 10-K, and
those described from time to time in subsequent reports filed with the
Source:
Xylem
Media
Tom Glover, +1-914-323-5891
tom.glover@xyleminc.com
or
Investors
Phil
DeSousa, +1-914-323-5930
phil.desousa@xyleminc.com