Science Applications International Corporation Buyback
OLI recorded this information on 9/14/2015
Company: |
Science Applications International Corporation |
Buyback: |
SAIC buyback |
Share Amount Authorized: |
5,000,000 |
Buyback Details: |
In addition, SAIC today announced that its Board of Directors authorized the repurchase of up to 5 million shares of the company's common stock under an existing stock repurchase program. SAIC's Board of Directors initially approved the stock repurchase program in October 2013 under which the company repurchased approximately 3.5 million shares of the 5 million shares authorized. The current authorization in September 2015 replenishes the repurchase program by approximately 3.5 million shares in order to make available for repurchase again an aggregate of 5 million shares. Whether any repurchases are made and the timing and actual number of shares repurchased will depend on a variety of factors, including price, corporate, contractual and regulatory requirements and other market conditions. |
Science Applications International is a provider of technical, engineering and enterprise information technology (IT) services. Co.'s end-to-end enterprise IT offerings span the entire spectrum of its customers' IT infrastructure. Co.'s offerings include: engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customers' entire IT infrastructure. Co. serves its customers through various contracts and task orders.
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Company Name: |
Science Applications International Corp (New) |
Stock buyback: |
SAIC buyback |
Website: |
www.saic.com |
Sector: |
Information Technology Services |
Number of ETFs Holding SAIC: |
72 |
Total Market Value Held by ETFs: |
$1.44B |
Total Market Capitalization: |
$6.69B |
% of Market Cap. Held by ETFs: |
21.58% |
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