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Tag Archives: common stock

Northrop OKs 70-Cent Dividend for Shareholders

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Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock. The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday. Stockholders are scheduled to receive the payment March 18.

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ATK Unveils Share Distribution Plan for Vista Outdoor Spinoff

money investment

ATK‘s (NYSE: ATK) board of directors has decided to give stockholders two shares of common stock in the future ATK sporting group spinoff company Vista Outdoor for every share of ATK common stock. ATK said Tuesday that stockholders will either receive a book-entry account statement on their Vista Outdoor common stocks or have their Vista Outdoor ...

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Northrop Board OKs Additional $3B Stock Buyback Plan

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) will repurchase an additional $3 billion of its common stock following approval from the board of directors. The company said Thursday that further share repurchase transactions are subject to authorization from management as well as market conditions. The Wall Street Journal reported that Northrop plans to buy back 25 percent of its shares before ...

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Carlyle Group Reduces Booz Allen Ownership Stake to 37%

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An affiliate of The Carlyle Group (NASDAQ: CG) has sold 10 million shares of Booz Allen Hamilton‘s (NYSE: BAH) Class A common stock to J.P. Morgan Securities for $263.1 million, or around $26.31 per share. Booz Allen said Wednesday that these transactions would result in Carlyle owning 37 percent of Booz Allen’s outstanding stock. The firm added that it also ...

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Level 3 Buy of TW Telecom Set for Nov. 5 Closure

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Level 3 Communications (NYSE: LVLT) and tw telecom (NASDAQ: TWTC) shareholders have voted to move forward with Level 3’s acquisition of tw telecom, which the companies expect to close before an earnings call next week. Level 3 said Tuesday the majority has also agreed on the allocation of common stock to tw telecom stockholders and to increase the ...

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Marillyn Hewson: Lockheed Extends Dividend Increases as Repurchase Program Continues

Marillyn Hewson

Lockheed Martin (NYSE: LMT) will move forward on its share repurchase program after the board of directors approved to buy back an additional $2 billion of the company’s common stock. The company also said Thursday its dividend for its fiscal year 2014 fourth quarter will increase 13 percent from the previous quarter $1.50 and is payable on Dec. ...

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Oracle to Begin 2nd Tender Offer Period for Remaining MICROS Shares

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A subsidiary of Oracle (NASDAQ: ORCL) will begin a second tender offer period for shares of MICROS Systems (NASDAQ: MCRS) following the completion of the initial tender offer on Tuesday. Oracle said Wednesday that its Rocket Acquisition arm has tendered around 82.8 percent of the MICROS outstanding shares, with the remaining shares expected to be acquired in the new ...

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Richard Montoni: MAXIMUS’ $150M Stock Buyback Plan Wins Board Approval

Richard Montoni

The board of directors at MAXIMUS (NYSE: MMS) has approved the company’s plan to repurchase as much as $150 million in company shares. MAXIMUS said Monday that shares acquired through the repurchase program will be held as treasury stock and be used for employee stock issuance and general corporate purposes. ...

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CSC Declares Quarterly Dividend of 20 Cents

The board of directors of Falls Church, Va.-based Computer Sciences Corp. (NYSE: CSC) has declared a regular quarterly dividend of 20 cents per share of common stock. The company’s announcement indicated it will disburse the dividend on April 16 to stockholders of record at the close of the March 23 ...

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Northrop Declares Quarterly Dividend of 50 Cents

On Feb. 15, Northrop Grumman Corp.’s (NYSE: NOC) board of directors declared a quarterly dividend of 50 cents per share of Northrop Grumman common stock. Northrop said the dividend is payable March 11 to shareholders of record as of the close of business Feb. 27.

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