L-3 Communications (LLL) Announces $1B Buyback Program
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L-3 Communications Holdings, Inc. (NYSE: LLL) announced today that its board of directors has authorized a new share repurchase program. This allows the company to repurchase up to $1 billion of the company's common stock over the next two years and is effective immediately. This new share repurchase authorization represents L-3's third authorization.
L-3 Communications Holdings, Inc., through its subsidiaries, provides command, control, communications, intelligence, surveillance, and reconnaissance (C3ISR) systems; and aircraft modernization and maintenance, and government services primarily in the United States.
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