Raytheon Technologies Board of Directors Authorizes $6 Billion Share Repurchase Program

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Go back to Raytheon Technologies Board of Directors Authorizes $6 Billion Share Repurchase Program

Raytheon Technologies (RTX) rises on new $6bn share repurchase program

December 13, 2022 1:09 PM EST

Raytheon Technologies (NYSE: RTX) shares jumped at the start of Tuesday's session after the aerospace and defense company announced it has authorized a $6 billion share repurchase program.

The company said the new authorization replaces the company's previous program, which was approved last year on December 7, 2021.

Reacting to the news, Jefferies... More