other_material
confidence high
sentiment neutral
materiality 0.55
Carrier repurchases $300M in stock from director Viessmann at 1.5% discount
CARRIER GLOBAL Corp
- Repurchased 4,267,425 shares from Viessmann HoldCo for $300M at $70.30/share.
- Price was a 1.5406% discount to June 5 closing price; shares simultaneously sold to a third-party broker.
- Viessmann says he sold a small percentage for diversification, remains largest non-institutional shareholder, and will not sell more in 2025.
- Repurchase made under existing buyback authorization; no change to overall program.
item 7.01