ITT Announces Additional $75M Share Buyback, Raises Dividend by 10% to $0.10/Share
ITT Corporation (NYSE: ITT) announced today it will continue to return
capital to shareowners by executing up to $75 million of additional
share repurchases and increasing its dividend by 10 percent to 10 cents
per share. The ITT Board of Directors has approved the cash dividend for
the first quarter of 2013, which will be payable on April 1, 2013, to
shareowners of record on March 15, 2013.