The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
NOC Buyback image

Northrop Grumman Corporation Buyback

OLI recorded this information on 1/29/2024

Company: Northrop Grumman Corporation
Buyback: NOC buyback
$Amount Authorized: $1,000,000,000
Buyback Details: Northrop Grumman Corporation (NYSE: NOC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Morgan Stanley & Co. LLC to repurchase $1 billion of Northrop Grumman's common stock. The company continues to target returning well over 100% of its free cash flow to shareholders through dividends and share repurchases in 2024.

Northrop Grumman Corporation is a leading global security company providing innovative systems, products and solutions in aerospace, electronics, information systems, and technical services to government and commercial customers worldwide. The company's core competencies are aligned with the current and future needs of their customers and address emerging global security challenges in key areas, such as unmanned systems, cybersecurity, C4ISR, and logistics that are critical to the defense of the United States and its allies.

Northrop Grumman SEC Filing Email Alerts Service

Open the NOC Page at The Online Investor »

Company Name:  Northrop Grumman Corp
Stock buyback:  NOC buyback
Website:  www.northropgrumman.com
Sector:  Defense
Number of ETFs Holding NOC:  97
Total Market Value Held by ETFs:  $8.14B
Total Market Capitalization:  $67.82B
% of Market Cap. Held by ETFs:  11.99%
 

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

April 20, 2024    2:45 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree NOC Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.47 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
NOC Stock Forecast

Based on Zacks ABR data;
powered by Xignite

NOC Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.