Illinois Tool Works Inc (NYSE:ITW)
$ 259.17 1.53 (0.59%) Market Cap: 76.08 Bil Enterprise Value: 83.83 Bil PE Ratio: 22.29 PB Ratio: 22.44 GF Score: 88/100
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Illinois Tool Works Inc Annual Shareholders Meeting Transcript

May 08, 2020 / 02:30PM GMT
Release Date Price: $161.01 (+2.59%)
Operator

Welcome to the 2020 Annual Meeting for Illinois Tool Works Inc.

I will now turn the call over to your host, Scott Santi, Chairman and CEO of Illinois Tool Works. Mr. Santi, you may begin.

E. Scott Santi
Illinois Tool Works Inc. - Chairman & CEO

Good morning, and welcome to the company's 2020 annual meeting. Due to the public health impact of the coronavirus outbreak and to protect the health and well-being of our stockholders and our people, we are conducting this annual meeting in virtual-format only, and our stockholders have joined through the web portal.

Before we begin the formal business of the meeting, I think it's important to acknowledge that we are in the midst of a period of unprecedented disruption and uncertainty, both from a human health and an economic perspective. Our thoughts are with everyone affected by this pandemic. At this point in time, it remains highly uncertain as to how long the global pandemic and related economic challenges will last or how quickly our customers and end markets will recover. However, your

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