Aug. 1 at 10:45 PM
$LDOS Leidos board authorizes repurchase of up to 20M common shares
Leidos Holdings announced that its board of directors has declared a quarterly cash dividend of 43c per outstanding share of the company's common stock. The cash dividend is payable on September 30, 2026, to stockholders of record as of the close of business on September 15, 2026. The board also authorized a new stock repurchase program for up to 20M shares of common stock. This supersedes the prior authorization of 20M shares made in February 2022, which has been exhausted. Whether repurchases are made, and the timing and actual number of shares repurchased, will depend on a variety of factors including innovation and production capacity investment needs, other corporate capital requirements, price, market conditions, and regulatory requirements.
