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Carrier Global announces $3B share repurchase authorization

Carrier Global (CARR) board of directors approved a $3B share repurchase authorization. With the remaining portion of the prior authorization, Carrier currently has about $4.7B of repurchase authorization. Share repurchases, if any, will take place at the company’s discretion in the open market or through one or more other public or private transactions, subject to, among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors.

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