Exelis (XLS) Approves $100M Buyback Plan
Tweet
Share
E-mailGet Alerts XLS Hot Sheet
Join SI Premium – FREE
The Board of Directors for ITT Exelis (NYSE: XLS) has authorized a share repurchase program. Under the program the company may repurchase up to $100 million of the company’s common stock from December 11, 2012 through December 31, 2015 with the primary objective to offset dilution from equity awards made by the company.
Share repurchase transactions may be made from time to time during the defined time period at the discretion of company management and in accordance with all applicable federal securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will depend upon market conditions and other factors. This program may be extended, suspended or discontinued at any time without prior notice.
Share repurchase transactions may be made from time to time during the defined time period at the discretion of company management and in accordance with all applicable federal securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will depend upon market conditions and other factors. This program may be extended, suspended or discontinued at any time without prior notice.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Reitar Logtech launches $3M share repurchase program
- Swiss Water gets TSX nod to buy back up to 650,000 shares
- uCloudLink authorizes $2 million share repurchase program through 2027
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
