Leidos Board Approves New Share Buyback Plan, Maintains Quarterly Dividend

MT Newswires Live

08/01

Leidos (LDOS) said Friday its board has approved a new stock buyback program for up to 20 million shares.

The latest buyback plan supersedes the authorization of 20 million shares from February 2022, which has been exhausted, the company said.

Leidos also kept its quarterly dividend at $0.43 per share, payable on Sept. 30 to shareholders on Sept. 15.

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