Lockheed Martin (LMT) Approves $3 Billion Share Repurchase Program
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Price: $533.38 -0.88%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +9.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +9.9%
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Lockheed Martin's (NYSE: LMT) board has also authorized the purchase of up to an additional $3 billion of Lockheed Martin common stock under its share repurchase program. With this increase, total authorization for future repurchases under the share repurchase program is approximately $10 billion. The number of shares purchased and the timing of purchases are at the discretion of management and subject to compliance with applicable laws and regulations.
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