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Slideshow Stock Buybacks

By The Online Investor Staff, updated Sun., Sep. 25, 1:19 PM

Slide #3. The Lockheed Martin Corporation

Company: The Lockheed Martin Corporation (NYSE:LMT)
$Amount Authorized: $4,300,000,000
Buyback Details: The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized the purchase of up to an additional $2.0 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 $4.3 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. Co. has five segments: Aeronautics, which researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades military aircraft; Information Systems & Global Solutions, which provides technology systems, information technology applications, and management services across a range of applications; Missiles & Fire Control, which provides air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems; Mission Systems & Training, which provides ship and submarine combat systems; and Space Systems, which provides satellites, missile systems and space transportation systems.

Lockheed Martin SEC Filing Email Alerts Service

Open the LMT Page at The Online Investor »

Company Name:  Lockheed Martin Corp
Stock buyback:  LMT buyback
Website:  www.lockheedmartin.com
Sector:  Defense
Number of ETFs Holding LMT:  95
Total Market Value Held by ETFs:  $3.26B
Total Market Capitalization:  $73.86B
% of Market Cap. Held by ETFs:  4.41%
 

Open the LMT Page at The Online Investor (in a new window) »

September 25, 2016    1:19 PM Eastern
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Buy (2.60 out of 4)
26th percentile
(ranked lower than approx. 74% of all stocks covered)
Based on Zacks ABR data;
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