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Boeing Announces Buyback Program and Dividend Hike $BA

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Publish date: Tue, 17 Dec 2013, 09:32 AM
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Boeing (NYSE:BA) announced a major share buyback ($10 billion) and a 50% hike in its dividend. The $10 billion is a record for the company and follows the last buyback of $7 billion of which $800 million remains.

According to Reuters among Dow Industrial Average companies, Boeing’s $10 billion repurchase was in line with General Electric Co (GE.N), Pfizer Inc (PFE.N), Intel Corp (INTC.O) and Goldman Sachs Group Inc (GS.N). But was far smaller than $40 billion for Microsoft Corp

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