ADDED
The aggregate market value of these shares was approximately $ 6.12 billion based upon the market price of $132.79 per share on September 30, 2024, the last business day of our most recently completed second fiscal quarter.
For more than 100 years, we have been a trusted leader in designing, engineering, testing, and manufacturing mission-critical thermal solutions.
Our technologies heat, cool, and ventilate, with systems that drive performance, efficiency, and reliability for our customers.
Our technologies support our mission to improve indoor air quality, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants.
We help customers across industries solve complex thermal management challenges and meet increasingly stringent indoor and outdoor air, energy, and water standards.
We sell customer-centric thermal management solutions in a wide array of commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration ( HVAC R ) markets.
We partner with our customers to provide solutions including systems, services, and components to solve complex heat transfer challenges and are committed to helping them reach their sustainability goals.
Our mission is to use our thermal management expertise to help our customers improve indoor air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use more environmentally friendly refrigerants.
We are committed to evolving our product portfolio in pursuit of highly engineered, mission-critical thermal solutions.
We are strategically investing in end markets where we see the highest growth prospects.
REMOVED
The aggregate market value of these shares was approximately $ 2.35 billion based upon the market price of $45.75 per share on September 29, 2023, the last business day of our most recently completed second fiscal quarter.
Building on more than 100 years of excellence in thermal management, we provide trusted products and technologies that help improve our world.
Our broad portfolio of systems and solutions support our mission of improving indoor air quality, conserving natural resources, lowering harmful emissions, enabling cleaner running vehicles, and using environmentally friendly refrigerants.
We sell innovative and environmentally responsible thermal management products and solutions to diversified customers in a wide array of commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration ( HVAC R ) markets.
We partner with our customers across industries to provide sustainable systems, services, and components to solve complex heat transfer challenges.
Business Strategy and Results Our strategic priorities align with our purpose of Engineering a Cleaner, Healthier World and with our mission of helping our customers improve indoor air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use more environmentally friendly refrigerants.
In fiscal 2022, we onboarded seasoned leaders with the requisite experience to drive transformative change, including new segment presidents for our Climate Solutions and Performance Technologies segments.
Since that time, we have simplified and re-segmented our organization, aligning teams, led by general managers, around specific strategies and market-based verticals within our company.
By applying 80/20 principles through data analytics to identify these valuable inputs, and instilling the mindset of prioritizing the factors that drive the best results, our teams have created a high-performance culture that focuses resources on products and markets with the highest sustainable growth opportunities and best return profiles, while simplifying and improving our processes.
For example, we are focused on growth opportunities for our Data Center Cooling and Indoor Air Quality businesses and are expanding our product portfolio in order to provide our customers with data center cooling and ventilation solutions for years to come.