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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Caterpillar Inc | NYSE:CAT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.90 | 0.85% | 345.00 | 348.54 | 343.395 | 344.99 | 1,965,720 | 23:39:39 |
From May 2022 to May 2024
By Colin Kellaher
Caterpillar Inc. on Tuesday said its board approved a new $15 billion stock-buyback authorization.
The Deerfield, Ill., maker of bulldozers and excavators, which has more than 530 million shares outstanding and sports a market capitalization of nearly $109 billion, said the new program is effective Aug. 1 and has no expiration date.
Caterpillar had about $1.4 billion of buyback authority still available as of March 31 under a prior $10 billion program that began at the start of 2019.
Shares of Caterpillar, which closed Monday at $207.19, rose 3% in premarket trading Tuesday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 17, 2022 09:02 ET (13:02 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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