Stock Buyback Plan Declared by Leidos (NYSE:LDOS)
MarketBeat
Leidos (NYSE:LDOS - Get Free Report) announced that its board has authorized a stock repurchase program on Friday, July 31st, RTT News reports. The company plans to repurchase 20,000,000 shares. This repurchase authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.
NYSE:LDOS