Top-Performing Dow Stock Boeing Unloads Billions More On Investors

Boeing (BA) announced late Monday a $18 billion repurchase program and a 20% dividend hike to $1.71, joining other big companies like Bank of America (BAC), Home Depot (HD) and Mastercard (MA) returning more capital to shareholders.

X The new buyback replaces an existing $14 billion program, under which Boeing had repurchased $9.2 billion in shares. The share repurchases are expected over the next 24-30 months. The new dividend will be payable March 2.

"To support our balanced cash...

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