2 unchanged sentences
As of February 20, 2026, there were approximately 1,523 holders of record of our common stock.
−Removed: In the fourth quarter of 2023, we increased the quarterly dividend paid from $0.07 per share to $0.08 per share on our common stock.
+Added: We currently pay a quarterly dividend of $0.06 per share on our common stock.
Any future declaration and payments of dividends, including any change in the amount of quarterly dividend, on our common stock will be determined by our Board of Directors and will depend on our business conditions, financial results and other factors our Board deems relevant.
Issuer Purchases of Equity Securities
−Removed: On February 17, 2022, the Company's Board of Directors approved a share repurchase program authorizing the Company to repurchase up to 20 million shares of the Company's outstanding common stock from time to time on the open market or in privately negotiated transactions.
−Removed: On January 23, 2024, the Company’s Board of Directors increased the number of shares authorized under the share repurchase program by an additional 11 million shares, with 8 million remaining authorized under the share repurchase program as of December 31, 2024.
−Removed: There is no expiration date for the repurchase program, and the timing and amount of repurchases under the program are determined by the Company's management based on market conditions and other factors.
−Removed: The repurchase program may be suspended or discontinued at any time by the Board of Directors.
−Removed: During the fiscal year ended December 31, 2024, the Company purchased 12.0 million shares of its common stock at an average share price of $73.93, including 6.2 million shares at an average share price of $75.01 during the fourth quarter of 2024.
+Added: On February 17, 2022, our Board approved a share repurchase program authorizing us to repurchase up to 20 million shares of our outstanding common stock (the “General Share Repurchase Program”).
+Added: Under this program, shares may be repurchased from time to time on the open market or in privately negotiated transactions, including under accelerated share repurchase programs or under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (“10b5-1 Plans”).
+Added: On May 27, 2025, in connection with the Separation, our Board adopted a separate and incremental special purpose share repurchase program (the “Special Purpose Share Repurchase Program”) under which we may purchase up to $550 million in our common stock exclusively from the proceeds we received as a dividend from Ralliant in connection with the Separation (the “Ralliant Dividend”) (as defined herein), together with any other cash received from Ralliant in connection with the Separation (collectively, the “Ralliant Cash Proceeds”).
+Added: Repurchases of shares of our common stock using the Ralliant Cash Proceeds will only be made through the Special Purpose Share Repurchase Program.
+Added: On May 27, 2025 and November 5, 2025, our Board increased the number of shares authorized under the General Share Repurchase Program by an additional 15.6 million and 12.1 million shares, respectively.
+Added: As of December 31, 2025, there were 15.5 million shares remaining authorized under the General Share Repurchase Program and $67.5 million remaining authorized under the Special Share Repurchase Program, respectively.
+Added: There is no expiration date for the repurchase programs, and the timing and amount of repurchases under the programs are determined by our management based on market conditions, tax regulations and other factors.
+Added: The repurchase programs may be suspended or discontinued at any time by the Board.
+Added: During the fiscal year ended December 31, 2025, the Company purchased 30.4 million shares of its common stock at an average share price of $52.79.
The following table provides details about our share repurchases during the fiscal quarter ended December 31, 2025.
5 unchanged sentences
announced plans or
−Removed: programs Maximum number
−Removed: (or approximate dollar
−Removed: value) of shares
+Added: Maximum number
(or units) that may yet be
purchased under the
−Removed: plans or programs
+Added: General Share Repurchase Program Maximum approximate dollar value that may yet be
+Added: purchased under the
+Added: Special Share Repurchase Program
September 27 - October 26
+Added: — $ — — 8,258,190 $ 78,204,249
October 27 - November 26
1 unchanged sentence
November 27 - December 31
+Added: 1,319,684 54.03 1,319,684 15,503,263 67,483,059
Total 5,114,046 $ 51.80 5,114,046 15,503,263 67,483,059
+Added: (a) The total amount includes 194,036 shares purchased under the Special Repurchase Program.
Recent Issuances of Unregistered Securities
+Added: Company Stock Performance
+Added: This performance graph shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
+Added: The following graph shows a comparison of five-year cumulative total shareholder return, calculated on a dividend-reinvested basis, for the Company, the S&P 500 Index, and the S&P 500 Industrials Index.
+Added: The graph assumes $100 was invested in each of the Company’s common stock, the S&P 500 Index, and the S&P 500 Industrial Index as of the market close on December 31, 2020.
+Added: Past stock performance is not necessarily indicative of future stock price performance.
+Added: 12/31/2021 12/30/2022 12/29/2023 12/27/2024 12/31/2025
+Added: Fortive Corporation 108.14 91.47 105.27 107.67 105.68
+Added: S&P 500 128.71 105.40 133.10 166.40 196.16
+Added: S&P 500 Industrials 121.12 114.48 135.24 158.87 189.72
+Added: *Assumes $100 was invested for each annual period.
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.