US Patent 9999968 Tool holder

A tool holder for a power tool comprising: a body defining a passageway in which a shank of a cutting tool can be located; at least one axial locking element moveably mounted within the body and which is capable of being moved between and held in at least a first release position and a second locking position where it projects into the passageway where it is capable of engagingly a shank of a cutting tool when located within the passageway in order to axially restrict the movement of the shank in the passageway; and at least one axial guide moveably mounted within the body and which can be moved between and held in at least two positions, including one position where it projects into the passageway where it is capable of engagingly supporting a side of a shank of a cutting tool when located within the passageway.