Nov 5 (Reuters) - Aspen Technology Inc ( AZPN ):

* EMERSON - EXPECTING $1.0 BILLION SHARE REPURCHASE IN

FISCAL Q1

* EMERSON ANNOUNCES KEY ACTIONS TO COMPLETE THE PORTFOLIO

TRANSFORMATION TO AN INDUSTRIAL TECHNOLOGY LEADER DELIVERING

ADVANCED AUTOMATION SOLUTIONS

* EMERSON - ANNOUNCES INCREASED RETURN OF CAPITAL TO

SHAREHOLDERS

WITH PLANS TO REPURCHASE APPROXIMATELY $2.0 BILLION OF SHARES IN

FISCAL 2025

* EMERSON - PROPOSES TO ACQUIRE REMAINING OUTSTANDING SHARES

OF

ASPENTECH FOR $240 PER SHARE IN CASH

* EMERSON - UPON COMPLETION OF TRANSACTION, ASPENTECH WOULD

BECOME

A WHOLLY OWNED SUBSIDIARY OF EMERSON

* EMERSON - PROPOSAL IMPLIES A FULLY DILUTED MARKET

CAPITALIZATION

FOR ASPENTECH OF $15.3 BILLION AND AN ENTERPRISE VALUE OF $15.1

BILLION.

* EMERSON - EMERSON EXPECTS IMPACT OF THIS PROPOSED

TRANSACTION

WITH SYNERGIES TO BE NEUTRAL TO ADJUSTED EPS IN FISCAL 2025.

* EMERSON - EXPLORING STRATEGIC ALTERNATIVES FOR ITS SAFETY

&

PRODUCTIVITY SEGMENT, INCLUDING A CASH SALE