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RTN Buyback image

Raytheon Company Buyback

OLI recorded this information on 11/15/2017

Company: Raytheon Company
Buyback: RTN buyback
$Amount Authorized: $2,000,000,000
Buyback Details: Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.7975 per outstanding share of common stock. The cash dividend is payable on Feb. 1, 2018, to shareholders of record as of the close of business on Jan. 3, 2018. The Board of Directors also authorized the repurchase of up to $2.0 billion of the company's outstanding common stock. This is in addition to amounts available under the authorized repurchase program, which were approximately $900 million at the end of the third quarter of 2017. Share repurchases may take place from time to time at the company's discretion depending on market conditions.

Raytheon, together with its subsidiaries, is a technology company, focused on defense and other government markets. Co. has five segments: Integrated Defense Systems, which is engaged in integrated air and missile defense, large land- and sea-based radar solutions, command, control, communications, computers, cyber and intelligence solutions; Intelligence, Information and Services, which provides technical services to intelligence, defense, federal and commercial customers; Missile Systems, which produces missile and combat systems; Space and Airborne Systems, which develops integrated sensor and communication systems for missions; and Forcepoint, which develops cybersecurity products.
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RTN — Key Stats (updated Thu., Apr. 2, 10:18 AM)
Company Name:  Raytheon Co.
Stock buyback:  RTN buyback
Website:  www.raytheon.com
Sector:  Defense
 

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April 26, 2024  •  4:24 AM Eastern
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Buy (3.25 out of 4)
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