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Illinois Tool Works (ITW)
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ITW » Topics » Fair Market Value

This excerpt taken from the ITW 10-Q filed May 8, 2006.
Fair Market Value: The average of the highest and lowest price at which Common Stock was traded on the relevant date, as reported in the "NYSE-Composite Transactions" section of the Midwest Edition of The Wall Street Journal, or, if no sales of Common Stock were reported for that date, on the most recent preceding date on which Common Stock was traded.

"Fair Market Value" elsewhere:

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