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

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

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