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Northrop Grumman authorizes $3 billion more for stock buybacks, totaling $4.2 billion.
Northrop Grumman, a major aerospace and defense company, has approved an additional $3 billion for buying back its own stock, bringing the total authorized amount to about $4.2 billion.
The repurchases will be done based on market conditions and management's discretion, either through the open market or private deals.
This move reflects the company's confidence in its future growth.
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Northrop Grumman autoriza 3.000 millones de dólares más para la recompra de acciones, por un total de 4.200 millones de dólares.