Honeywell International Inc. disclosed Friday that it set a new $8 billion stock repurchase program. The new program includes the $1.5 billion remaining in the previously announced $5 billion program, the aerospace and industrial company said. The stock was up 0.2% at $153.59 in afternoon trade. At current prices, the new buyback program could repurchase up to 6.9% of the 756.81 million shares outstanding, as of Nov. 25. The stock has run up 32.6% year to date, while the SPDR Industrial Select Sector ETF has climbed 20.0% and the S&P 500 has gained 18.4%.
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