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LMT Lockheed Martin Corp

461.91
-1.29 (-0.28%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lockheed Martin Corp NYSE:LMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.29 -0.28% 461.91 462.93 457.1701 462.93 910,783 01:00:00

Lockheed Martin Adds $6 Billion to Share Buyback Program

06/10/2023 10:50pm

Dow Jones News


Lockheed Martin (NYSE:LMT)
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By Sabela Ojea

 

Lockheed Martin said on Friday it has increased the size of its share buyback program by $6 billion.

The global security and aerospace company said that its board of directors approval meant that it was nearly doubling the total amount available for its stock repurchase program to $13 billion.

The company's call comes a week after one of its subsidiaries landed a $1.2 billion U.S. Navy contract modification for Trident II missile production and deployment systems support.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

October 06, 2023 17:35 ET (21:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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