Is Illinois Tool Works Inc. publicly traded?
Yes, Illinois Tool Works Inc. is a publicly traded company. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol "ITW." As a publicly traded company, shares of ITW can be bought and sold by individual and institutional investors through brokerage accounts. Being publicly traded allows ITW to access capital markets and raise funds for expansion and investment opportunities. It also provides shareholders with the ability to trade their ownership interests in the company on a public exchange. This increased liquidity and transparency can attract a larger pool of investors and help to enhance the company's visibility in the financial markets.
Answered May 3, 2024
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