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Raytheon Technologies Buyback

OLI recorded this information on 12/12/2022

Company: Raytheon Technologies
Buyback: RTX buyback
$Amount Authorized: $6,000,000,000
Buyback Details: Raytheon Technologies' (NYSE: RTX) Board of Directors authorized today the repurchase of up to $6 billion of the company's outstanding common stock. The new authorization replaces the company's previous program, approved Dec. 7, 2021. Share repurchases may take place from time to time, subject to market conditions and at the company's discretion, in the open market, through privately negotiated transactions or other means.

RTX is an aerospace and defense company that provides systems and services for commercial, military and government customers. Co. serves commercial and government customers in both the original equipment and aftermarket parts and services segments of the aerospace industry. Co.'s operations are classified into four segments: Collins Aerospace, which provides aerospace and defense products and aftermarket service solutions; Pratt & Whitney, which supplies aircraft engines; Raytheon Intelligence & Space, which provides integrated space, communication and sensor systems, and cyber and software solutions; and Raytheon Missiles & Defense, which provides end-to-end solutions.

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Company Name: 
RTX Corp
Stock buyback: 
RTX buyback
Website: 
www.rtx.com
Sector: 
Aerospace & Defense
Number of ETFs Holding RTX: 
101
Total Market Value Held by ETFs: 
$17.06B
Total Market Capitalization: 
$145.00B
% of Market Cap. Held by ETFs: 
11.76%
 

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Hold (2.48 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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