05:21 PM EDT, 04/25/2024 (MT Newswires) -- Ingersoll Rand ( IR ) said late Thursday it kept its quarterly dividend steady at $0.02 a share, payable June 6 to shareholders of record May 16.

The company also said its board approved an incremental $1 billion increase to its share repurchase authorization, adding that it will fully utilize the remainder of the existing $750 million repurchase authorization by the end of fiscal year 2024.

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