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SEC Permits Shareholder Proposal for Favoring Repurchases over Dividends to Move Forward

2016-01-23 13:10:26| Industrial Machines - Topix.net

Resolved: Shareholders of ITT Corporation ask the board of directors to adopt and issue a general payout policy that gives preference to share repurchases as a method to return capital to shareholders. If a general payout policy currently exists, we ask that it be amended appropriately.

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Category:Industrial Goods and Services

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