Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

Wes Bush on NGC’s $2 Billion Share Repurchase

Northrop Grumman’s (NYSE:NOC) “board of directors has authorized a new program to repurchase up to $2 billion of its outstanding common stock, which represents approximately 11 percent of the company’s current market capitalization.”

“Today’s increase in our share repurchase authorization demonstrates our continuing commitment to a balanced cash deployment strategy that drives value creation by investing for the future, managing risk, and distributing cash to shareholders through share repurchases and dividends, ” said Wes Bush, Northrop Grumman’s chief executive officer and president.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Technology

Related Articles