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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 |
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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