News Releases

 
DateTitle 
08/08/14ITW Elects Richard H. Lenny to the Board of Directors
GLENVIEW, Ill., Aug. 8, 2014 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today announced that its board of directors unanimously elected Richard H. Lenny to the board as an independent director, effective August 8, 2014. Mr. Lenny was an operating partner with Friedman, Fleischer & Lowe LLC, a private equity firm, from 2011 to August, 2014. Since 2013, he is the non-executive chairman of Information Resources, Inc. From 2001 through 2007, he served as Chairman, President and ... 
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08/08/14ITW Board of Directors Approves 15 Percent Dividend Increase for Third Quarter 2014
GLENVIEW, Ill., Aug. 8, 2014 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE:ITW) today declared a dividend on the company's common stock of $0.485 per share for the third quarter of 2014, a 15 percent increase over the quarterly dividend paid in 2013. The dividend equates to $1.94 per share on a full-year basis. The dividend will be paid on October 7, 2014 to shareholders of record as of September 30, 2014. The company has raised the dividend to its shareholders wit... 
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08/05/14ITW Announces Plans to Webcast Presentation for Jefferies Industrial Conference
GLENVIEW, Ill., Aug. 5, 2014 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today announced plans to present at the upcoming Jefferies Industrial Conference at The Grand Hyatt in New York City. Featuring Senior Vice President and Chief Financial Officer Michael Larsen, ITW's presentation and question and answer session will take place Tuesday, August 12, from 10:00 AM – 10:25 AM ET. A link to the audio presentation is available at both www.ITW.com and the following web address: http... 
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07/29/14ITW Reports Second Quarter 2014 Financial Results
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07/09/14ITW Announces Conference Call Information for 2014 Second Quarter Earnings
GLENVIEW, Ill., July 9, 2014 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today announced that it will hold its 2014 second quarter conference call on Tuesday, July 29, 2014. The conference call will begin at 9 a.m. central time and will follow the Company's release of second quarter earnings at 7 a.m. central time on that same day. The conference call can be accessed by dialing 1-888-603-9219. The pass code ITW is necessary to join the call. Participants are asked to dial in 15 m... 
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05/28/14Illinois Tool Works Announces Plans to Webcast Presentation for Deutsche Bank Global Industrials Conference
GLENVIEW, Ill., May 28, 2014 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today announced plans to present at the upcoming Deutsche Bank Global Industrials and Basic Materials Conference being held at the Westin River North in Chicago. ITW's question and answer session featuring Chief Financial Officer Michael Larsen will take place Wednesday, June 4, from 2:20PM – 2:55PM CT. A link to the audio presentation is available at both www.ITW.com and the following web address: http://ww... 
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05/02/14ITW Board Of Directors Declare Quarterly Dividend
GLENVIEW, Ill., May 2, 2014 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.42 cents per share or $1.68 per share on an annualized basis. The dividend will be paid on July 8, 2014 to stockholders of record as of June 30, 2014.    ITW is a Fortune 200 global diversified industrial manufacturer of value added consumables and specialty equipment with related service businesses. The Company focuses on solid gro... 
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05/01/14ITW Completes Sale of its Industrial Packaging Segment to The Carlyle Group for $3.2 Billion
GLENVIEW, Ill., May 1, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the previously announced sale of its Industrial Packaging segment to The Carlyle Group for $3.2 billion, subject to customary post-closing adjustments. In September 2013, the company announced that it intended to utilize its existing share repurchase authorization to repurchase approximately 50 million shares in order to fully offset the divestiture-related EPS dilution. The ... 
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04/30/14ITW Announces Plans To Webcast Presentation For Wells Fargo Industrial and Construction Conference
GLENVIEW, Ill., April 30, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced plans to present at the upcoming Wells Fargo Industrial and Construction Conference at The Palace Hotel in New York City.  Featuring Senior Vice President and Chief Financial Officer Michael Larsen, ITW's presentation and question and answer session will take place Wednesday, May 7, from 9:45 AM – 10:20 AM ET.  A link to the audio presentation is available at both www.ITW.com and the following web... 
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04/22/14ITW Reports First Quarter 2014 Financial Results
- Q1 diluted EPS from continuing operations of $1.01 up 15 percent - Operating margins of 18.7 percent up 180 basis points versus year-ago period; Enterprise initiatives contribute 120 basis points - Organic revenues up 3.3 percent - Company raises full-year EPS guidance by 15 cents to new midpoint of $4.55 GLENVIEW, Ill., April 22, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today reported first quarter 2014 diluted earnings per share (EPS) from continuing operations of $1.0... 
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04/08/14ITW Announces Conference Call Information For 2014 First Quarter Earnings
GLENVIEW, Ill., April 8, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE:ITW) today announced that it will hold its 2014 first quarter conference call on Tuesday, April 22, 2014. The conference call will begin at 9 a.m. Central Time and will follow the Company's release of first quarter earnings at 7 a.m. Central Time on that same day. The conference call can be accessed by dialing 1-888-603-9219. The pass code ITW is necessary to join the call. Participants are asked to dial in 15 minute... 
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03/04/14ITW Announces Plans To Webcast Presentation For ISI Annual Industrial Conference
GLENVIEW, Ill., March 4, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced plans to present at the upcoming ISI 2014 Annual Industrial Conference at The Metropolitan Club in New York City.  ITW's question and answer session featuring Vice President, Investor Relations, John Brooklier, will take place Tuesday, March 11, from 3:25PM – 4:05PM ET.  A link to the audio presentation is available at both www.ITW.com and the following web address:  http://www.veracast.com/web... 
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02/14/14ITW Board Of Directors Declare Quarterly Dividend
GLENVIEW, Ill., Feb. 14, 2014 /PRNewswire/ -- The board of directors of Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.42 cents per share or $1.68 per share on an annualized basis. The dividend will be paid on April 8, 2014 to stockholders of record as of March 31, 2014.     ITW is a Fortune 200 global diversified industrial manufacturer of value added consumables and specialty equipment with related service businesses. The Company focu... 
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02/13/14ITW Announces Plans To Webcast Presentation For Barclays Capital Industrial Select Conference
GLENVIEW, Ill., Feb. 13, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced plans to present at the upcoming Barclays Capital Industrial Select Conference at The Loews Miami Beach Hotel in Miami Beach, Florida.  ITW's question and answer session, featuring President and Chief Executive Officer E. Scott Santi, will take place Thursday, February 20, from 11:25 AM to 12:10 PM ET.  A link to the audio presentation is available at both www.ITW.com and the followi... 
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02/06/14ITW to Sell its Industrial Packaging Segment to The Carlyle Group for $3.2 Billion
GLENVIEW, Ill., Feb. 6, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced that it has signed a definitive agreement to sell its Industrial Packaging Segment to The Carlyle Group (NASDAQ: CG) for $3.2 billion. The transaction is subject to regulatory approval and customary closing conditions and is expected to close by mid-year. "We are pleased to announce the sale of the Industrial Packaging segment as this represents the last major step in refocusing our portfolio in... 
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01/28/14ITW Reports Fourth Quarter 2013 Financial Results
- Fourth quarter diluted EPS from continuing operations of $0.92, higher than Company midpoint guidance of $0.89 - Operating margins of 17.7 percent up 260 basis points versus year-ago period; Enterprise initiatives contribute 110 basis points - Organic revenues up 3 percent - Company reiterates 2014 full-year EPS guidance range of $4.30 to $4.50, up 18 percent to 24 percent GLENVIEW, Ill., Jan. 28, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today reported fourth quarter... 
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01/14/14ITW Announces Conference Call Information For 2013 Fourth Quarter Earnings
GLENVIEW, Ill., Jan. 14, 2014 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE:ITW) today announced that it will hold its 2013 fourth quarter conference call on Tuesday, January 28, 2014. The conference call will begin at 9 a.m. central time and will follow the Company's release of fourth quarter earnings at 7 a.m. central time on that same day. The conference call can be accessed by dialing 1-888-950-8043. The pass code ITW is necessary to join the call. Participants are asked to dial in 15 mi... 
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