- L3Harris Technologies Inc LHX Board of Directors has approved an additional $3.0 billion share repurchase authorization.
- The authorization brings the total current approval to approximately $4.5 billion.
- The board has also declared a quarterly cash dividend of $1.12 per share, payable on December 2, 2022, to shareholders of record on November 18, 2022.
- The company held $420 million in cash and equivalents as of July 1, 2022.
- L3Harris provides advanced defense and commercial technologies across space, air, land, sea and cyber domains.
- Price Action: LHX shares are trading higher by 2.08% at $243.96 on the last check Friday.
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