Emerson Electric (EMR) Announces Key Actions to Complete the Portfolio Transformation

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Emerson Announces Key Actions to Complete the Portfolio Transformation to an Industrial Technology Leader Delivering Advanced Automation Solutions

November 5, 2024 6:31 AM EST

Proposes to Acquire Remaining Outstanding Shares of AspenTech for $240 per Share in Cash

Commences Review of Strategic Alternatives for Safety & Productivity Segment

Announces Increased Return of Capital to Shareholders with Plans to Repurchase Approximately $2.0 Billion of Shares in Fiscal 2025; Expecting $1.0 Billion in Fiscal Q1

ST. LOUIS, Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today announced three key strategic and financial actions in the final... More