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nVent Electric, a global leader in electrical connection and protection solutions, announced that its Board of Directors has approved a new 3-year share repurchase program. This program allows nVent to buy back up to $500 million of its shares, commencing on July 23, 2024, after the expiration of its current repurchase program. As of March 31, 2024, nVent had approximately 166 million common shares outstanding. The authorization does not obligate the company to repurchase shares and may be executed through various methods, including open market purchases and block trades, in compliance with SEC regulations.
nVent Electric announced a regular quarterly cash dividend of $0.19 per ordinary share. The dividend will be paid on August 2, 2024, to shareholders who are on record as of the close of business on July 19, 2024.
nVent Electric plc (NYSE:NVT) announced its participation in the Wolfe Global Transportation & Industrials Conference on May 21, 2024. Chief Financial Officer Sara Zawoyski will present at 11:45 a.m. ET. A webcast will be available on nVent’s Investor Relations website.
nVent Electric plc (NYSE:NVT), a global leader in electrical connection and protection solutions, released its first quarter 2024 financial results. The earnings release is available on the company's Investor Relations website and will be filed with the SEC on Form 8-K. A conference call with analysts and investors will be held at 9:00 a.m. ET.
