Leidos (LDOS) Reports $200M Accelerated Share Repurchase Agreement

Leidos (NYSE: LDOS) today announced that it has entered into an accelerated share repurchase agreement with a financial institution to repurchase $200 million of Leidos' common stock. The company expects the accelerated share repurchases to be completed on or before the end of April 2019. This agreement is part of Leidos' existing share repurchase authorization. In addition, the Company may also purchase additional shares in the open market during the quarter.

You May Also Be Interested In

• Streamex authorizes repurchase of up to 10M shares of common stock
• Cosmos Health buyback reaches 3.64M shares under $5M program
• Cosmos Health buys back 2.65M shares for $500K under new program