Trane Technologies
Summary
Trane Technologies (NYSE:TT), a global climate innovator, today rang the New York Stock Exchange (NYSE) Opening Bell® to celebrate its fifth year as a focused climate company with a purpose to boldly challenge what’s possible for a sustainable world.
The company and its historic brands have been represented on the New York Stock Exchange for more than a century, symbolizing endurance, growth and transformation in the global marketplace. Following the spin-off of its Industrial segment, the company launched as Trane Technologies in 2020, and began trading under the ticker symbol “TT.” Since 2020, Trane Technologies has delivered a compound annual revenue growth rate of 12%; marked its fourth consecutive year of adjusted earnings per share growth exceeding 20%; and achieved a 5-year total shareholder return of 286% – three times the S&P 500.
“Five years ago, we boldly reimagined what Trane Technologies could achieve as a purpose-driven, sustainability-focused company,” said Dave Regnery, chair and CEO, Trane Technologies. “Our ability to consistently deliver leading financial performance while advancing our bold sustainability commitments and uplifting culture creates long-term value for our people, shareholders, customers and communities.”
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