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The Wall Street Journal: United Technologies sets $6 billion accelerated buyback

2015-11-13 08:14:32| Industrial Machines - Topix.net

United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.

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