Aaron Wealth Advisors LLC invests $332,000 in Otis Worldwide Co. (NYSE:OTIS).

FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) today announced that its Board of Directors has authorized the repurchase of $2 Billion of Common Stock under a share repurchase program, effective January 16, 2025. In conjunction with the new authorization, the Board of Directors cancelled the remaining approximately $100 million authorized under the prior program, approved December 1, 2022. Share repurchases may take place from time to time, subject to market conditions and at the company's discretion, in the open market, through privately negotiated transactions or other means.About OtisOtis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide

FARMINGTON, Conn., Oct. 31, 2024 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on December 6, 2024, to shareholders of record at the close of business on November 15, 2024. About Otis. Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio

MILAN | Italy's competition authority (AGCM) has opened an investigation into US elevator maker Otis Worldwide's Italian business over alleged unfair commercial practices, the watchdog said on Friday.

Otis Elevator Company (Taiwan) Limited has completed the acquisition of Jardine Schindler Lifts Limited in Taiwan from the Jardine Schindler Group. Otis Taiwan is a subsidiary... Read More

Concurrent Investment Advisors LLC makes new $348,000 Investment in Otis Worldwide Co. (NYSE:OTIS).

KUALA LUMPUR: Otis Worldwide Corporation, a global manufacturer of lifts and escalators, today introduced Gen3, a lift that features connectivity through an Internet of Things (IoT) digital platform.

Influential Global Leaders, Industry Experts, and Board-Ready Women to Create Action Plans for Increasing Diversity on BoardsLOS ANGELES, Aug. 13, 2024 /PRNewswire/ -- The business case for diverse boards of publicly listed companies will be analyzed during the first-of-its-kind, day-long Global Summit in New York on Sept. 10, 2024. Presented by 50/50 Women on Boards™ the conference will examine the competitive edge of corporations with gender-balanced boards while equipping participants with the tools to advance their board careers and contribute to building more inclusive boardrooms.International women leaders from the United Nations, corporate CEOs, and influential male directors committed to gender diversity will share insightful conversations addressing today's most pressing issues and the vital role gender diversity plays in driving business success. Finalists of the 2024 "50 Women to Watch for Boards" campaign from the U.S., Mexico and Canada will be honored and introduced.Influential Global Leaders, Industry Experts, and Board-Ready Women Post thisThe Global Summit offers a unique opportunity for the business community to participate in a full day of dynamic panel discussions, interactive networking sessions, and inspiring keynote speeches from 8 am to 6 pm ET, located at the historic 48 Wall Street.Topics and speakers to date include:Advancing the Conversation: The Global Landscape of Women on Boards :: Anita Bhatia , Founder of Impact Commons, Former UN Assistant Secretary General and Deputy Executive Director of UN Women, Founder of Impact Commons, Former UN Assistant Secretary General and Deputy Executive Director of UN WomenRegina Garcia Cuellar , Independent Board Member for Rotoplás, Gigante, and Grupo Aeroportuario del Centro Norte (OMA), Independent Board Member for Rotoplás, Gigante, and Grupo Aeroportuario del (OMA)Moderated by Cynthia Clark , John W. Poduska Professor of Governance at Bentley University, John W

Otis Elevator rescues patent over safety system at EPO.

(Reuters) - Industrial giant 3M Co on Thursday appointed elevator maker Otis Worldwide executive Anurag Maheshwari as its chief financial officer, succeeding Monish Patolawala, who was in the role for four years.

FARMINGTON, Conn., July 25, 2024 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on September 6, 2024, to shareholders of record at the close of business on August 16, 2024.About OtisOtis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, and Facebook @OtisElevatorCo.Cautionary StatementThis release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements