secwatch.observer — SEC 8-K summary
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Issuer:     Vertiv Holdings Co (VRT)
CIK:        0001674101
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0000950142-23-002855
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertiv raises 2023 guidance, authorizes $3B buyback, increases dividend
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- Raises 2023 net sales guidance to $6,875M-$6,895M from $6,826M-$6,851M; organic growth now 21.9%-22.3%.
- Adjusted EPS guidance raised to $1.72-$1.76 from $1.69-$1.73; adjusted operating margin forecast 15.0%-15.2%.
- Board authorizes $3 billion share repurchase program through Dec 31, 2027.
- Declares $0.025 per share quarterly dividend, payable Dec 27 to holders of record Dec 11.
- Adjusted free cash flow guidance unchanged at $600M-$650M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674101/000095014223002855/0000950142-23-002855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674101/000095014223002855/eh230424978_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-002855

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