Trane Technologies Plc - TT STOCK NEWS

Trane Technologies announced participation in the Goldman Sachs Industrials and Materials Conference on May 9, 2023, at 10:55 a.m. EST. Company leadership will engage in a fireside chat highlighting their role as a global climate innovator.

The chat will be available via live webcast on the Trane Technologies website under the investor relations section, with an archive accessible for 30 days post-event.

Trane Technologies, known for its brands Trane® and Thermo King®, focuses on providing efficient and sustainable climate solutions for buildings, homes, and transportation.

Trane Technologies (NYSE:TT) is set to host a conference call on May 3, 2023, at 10 a.m. ET, to discuss its first quarter financial results. A press release and earnings presentation will be released prior to the call, available on their website. A live webcast will be accessible for listening online, and a replay will be available by 1 p.m. ET on the same day.

As a global climate innovator, Trane Technologies offers sustainable climate solutions through its brands Trane® and Thermo King®. They focus on environmentally responsible products and services aimed at enhancing efficiency in buildings, homes, and transportation.

The Board of Directors of Trane Technologies (NYSE:TT) declared a quarterly dividend of $0.75 per share, amounting to an annualized dividend of $3.00. This dividend is payable on June 30, 2023 to shareholders recorded by June 2, 2023. Trane Technologies has maintained consecutive quarterly cash dividends since 1919 and annual dividends since 1910, demonstrating a long-standing commitment to shareholder returns.

Trane Technologies has appointed John Hayes, the former chairman and CEO of Ball Corporation, to its Board of Directors effective immediately. Hayes brings over 30 years of leadership experience in global industrial markets, having led Ball Corporation during a significant growth phase that doubled revenues and increased market capitalization sixfold. His strategic vision is expected to enhance Trane's initiatives towards sustainable innovation and long-term shareholder value. Hayes will serve on key committees focusing on human resources, compensation, sustainability, and corporate governance.

Trane Technologies (NYSE: TT) announced a successful energy and infrastructure upgrade with Parkway School District in Missouri, resulting in over $1.1 million in energy savings over four years, which exceeds initial savings guarantees by 10%. The upgrades led to a 26% reduction in annual energy consumption and a decrease in carbon emissions by more than 9,000 metric tons. This project highlights a long-standing partnership focused on sustainability. Notably, an on-campus geothermal energy plant was installed at Parkway South High School, enhancing energy efficiency while maintaining campus aesthetics.