Northrop Grumman Expands Its Share Repurchase Program by $3 Billion [Yahoo! Finance]
Northrop Grumman Corporation (NOC)
Last northrop grumman corporation earnings: 4/29 06:39 am
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Source: Yahoo! Finance
billion, following the recent approval from its management. This would bring the company's total outstanding amount available for repurchase to approximately $4.2 billion. The company will buy back its shares occasionally, based on market conditions and management's decisions, either on the stock market or through private deals. What's Favoring NOC Stock? For a defense contractor like Northrop Grumman, factors such as steady order inflow, positive revenue growth and cash flow generation play vital roles in enabling it to duly reward its shareholders with a notable share repurchase program. The recent expansion news bode well. To this end, it is imperative to mention that with its product line being well-positioned in high-priority categories, such as defense electronics, unmanned aircraft and missile defense, Northrop Grumman has been able to win solid contract wins in the recent past. These contracts translated into solid year-over-year revenue growth of 2.3% for NOC in the t
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News
- Northrop Grumman Announces Webcast, Conference Call of Fourth Quarter and 2024 Financial ResultsGlobeNewswire
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- With 83% ownership, Northrop Grumman Corporation (NYSE:NOC) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Is Northrop Grumman (NOC) Among the Best Aerospace and Defense Stocks to Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Northrop Grumman Co. (NYSE: NOC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
NOC
Earnings
- 10/24/24 - Beat
NOC
Sec Filings
- 12/6/24 - Form 4
- 12/5/24 - Form 144
- 11/13/24 - Form SC
- NOC's page on the SEC website