The Lockheed Martin Corporation Buyback
OLI recorded this information on 9/26/2019
Company: |
The Lockheed Martin Corporation |
Buyback: |
LMT buyback |
$Amount Authorized: |
$3,300,000,000 |
Buyback Details: |
The Lockheed Martin Corporation [NYSE: LMT] board of directors has authorized the purchase of up to an additional $1.0 billion of Lockheed Martin common stock under its share repurchase program. With this increase, the total remaining authorization for future repurchases under the share repurchase program is approximately $3.3 billion. The number of shares purchased and the timing of purchases are at the discretion of management and subject to compliance with applicable law and regulation. |
Lockheed Martin is a security and aerospace company, engaged in the research, design, development, manufacture, integration and sustainment of technology systems, products and services. Co. also provides a range of management, engineering, technical, scientific, logistics, system integration and cybersecurity services. Co.'s areas of focus are in defense, space, intelligence, homeland security and information technology, including cybersecurity. Co. serves customers with products and services that have defense, civil and commercial applications. Co. business segments are: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space.
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Company Name: |
Lockheed Martin Corp |
Stock buyback: |
LMT buyback |
Website: |
www.lockheedmartin.com |
Sector: |
Defense |
Number of ETFs Holding LMT: |
122 |
Total Market Value Held by ETFs: |
$15.45B |
Total Market Capitalization: |
$107.77B |
% of Market Cap. Held by ETFs: |
14.34% |
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