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Technology Stocks : Northrop Grumman Corp.
NOC 578.55-1.1%Oct 30 3:59 PM EDT

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To: MJ who wrote (5)10/29/2005 5:53:34 PM
From: TimF  Read Replies (1) of 15
 
Northrop Grumman sets $1.5 bln share buyback
Tue Oct 25, 2005 08:28 AM ET
NEW YORK, Oct 25 (Reuters) - Northrop Grumman Corp. (NOC.N: Quote, Profile, Research) said its board has authorized the repurchase of up to $1.5 billion of its common shares, the defense contractor said on Tuesday.

The program, which represents nearly 8 percent of outstanding shares, will span the next 12 to 18 months, Northrop said in a statement.

yahoo.reuters.com
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