Tranche Update on W.W. Grainger, Inc.'s Equity Buyback Plan announced on April 24, 2019.
February 24, 2021 at 05:04 pm EST
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From October 1, 2020 to December 31, 2020, the company has repurchased 1,248,812 shares, representing 2.33% for $499.99 million. With this, the company has completed the repurchase of 3,506,257 shares, representing 6.46% for $1,030.6 million under the buyback announced on April 24, 2019.
W.W Grainger, Inc. specializes in professional distribution of industrial supplies and equipment. The group supplies businesses and institutions with maintenance equipment, industrial safety supplies, service and maintenance parts, lighting products, ventilation equipment, pumps and plumbing products, etc.
At the end of 2020, products are marketed through a network of 407 branches (of which 287 in the United States and 49 in Canada), 29 distribution centers (of which 17 in the United States and 5 in Canada), through catalogues and the Internet.
Net sales are distributed geographically as follows: the United States (72.6%), Canada (4%) and other (23.4%).
W.W. GRAINGER, INC. 
