...declared a fourth quarter 2021 dividend of $2.80 per share, representing an increase of $0.20 per share over last quarter. The dividend is payable on Dec. 27, 2021, to holders of record as of the close of business on Dec. 1, 2021.
Additionally, the company's board has authorized the purchase of up to an additional $5 billion of Lockheed Martin common stock under its share repurchase program. With this increase, total authorization for future repurchases under the share repurchase program is approximately $6 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.
...declared a fourth quarter 2021 dividend of $2.80 per share, representing an increase of $0.20 per share over last quarter. The dividend is payable on Dec. 27, 2021, to holders of record as of the close of business on Dec. 1, 2021.
Additionally, the company's board has authorized the purchase of up to an additional $5 billion of Lockheed Martin common stock under its share repurchase program. With this increase, total authorization for future repurchases under the share repurchase program is approximately $6 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.