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ITT to Release 2025 Fourth Quarter and Full Year Results and 2026 Outlook on Thursday, Feb. 5
Businesswire· 2026-01-13 11:30
Core Viewpoint - ITT Inc. is set to release its fourth quarter and full year 2025 financial results along with its 2026 outlook on February 5, 2026, before the New York Stock Exchange opens [1]. Group 1: Financial Results and Outlook - The financial results for the fourth quarter and full year 2025 will be discussed in a conference call scheduled for 8:30 a.m. ET on February 5, 2026 [1]. - A real-time audio webcast of the presentation will be available, along with related materials prior to the presentation [2]. Group 2: Company Overview - ITT is a diversified manufacturer specializing in highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets [3]. - The company is headquartered in Stamford, Connecticut, and operates in over 35 countries with sales in approximately 125 countries [3].
ITT Announces Closing of Underwritten Public Offering of Common Stock and Full Exercise by Underwriters of Option to Purchase Additional Shares
Businesswire· 2025-12-10 21:15
Core Viewpoint - ITT Inc. has successfully closed a public offering of 8,050,000 shares of common stock, raising approximately $1.31 billion in net proceeds, which will primarily fund the acquisition of SPX FLOW, Inc. [1][2] Group 1: Offering Details - The public offering price was set at $167.00 per share, including the full exercise of the underwriters' option to purchase an additional 1,050,000 shares [1] - Goldman Sachs & Co. LLC and UBS Investment Bank served as lead book-running managers for the offering, with several other banks acting as additional bookrunners and co-managers [3] Group 2: Use of Proceeds - The net proceeds from the offering are intended to fund a portion of the acquisition of SPX FLOW, Inc. If the acquisition does not proceed, the funds will be allocated for general corporate purposes [2] Group 3: Company Overview - ITT is a diversified manufacturer specializing in critical components and customized technology solutions for transportation, industrial, and energy markets, with a global presence in over 35 countries [6]
ITT Announces Pricing of Underwritten Public Offering of Common Stock
Businesswire· 2025-12-09 05:08
Core Viewpoint - ITT Inc. has announced a public offering of 7,000,000 shares of common stock at a price of $167.00 per share, with an additional option for underwriters to purchase up to 1,050,000 shares [1][2] Group 1: Offering Details - The estimated net proceeds from the offering are approximately $1.14 billion after deducting underwriting discounts and commissions, which will be used to fund a portion of the acquisition of SPX FLOW, Inc. [2] - The offering is expected to close on December 10, 2025, subject to customary closing conditions [1][2] - Goldman Sachs & Co. LLC and UBS Investment Bank are acting as lead book-running managers for the offering [3] Group 2: Regulatory Information - The offering is made pursuant to an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [4] - The preliminary prospectus supplement and accompanying base prospectus have been filed with the SEC and are available on the SEC's website [4] Group 3: Company Overview - ITT is a diversified manufacturer of critical components and customized technology solutions for transportation, industrial, and energy markets [6] - The company is headquartered in Stamford, Connecticut, and operates in over 35 countries with sales in approximately 125 countries [6]