Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Ingersoll-Rand Boosts Dividend 71%, Plans $2 Billion Buyback

Ingersoll-Rand Plc, the maker of Trane air conditioners, raised its dividend 71 percent to 12 cents a share and authorized buying back as much as $2 billion in stock.

The dividend is payable June 30 to shareholders of record on June 17, the Swords, Ireland-based company said today in a statement. The previous payout was 7 cents a share. The dividend was projected to rise to 16 cents, based on Bloomberg data.

The shares rose 20 cents to $48.02 at 7 a.m. before New York Stock Exchange composite trading.

Ingersoll-Rand had 329.6 million shares outstanding as of Feb. 11, according to data compiled by Bloomberg. At yesterday’s closing price, a $2 billion repurchase would amount to about 41.8 million shares.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.