Northrop grumman announces new $500 million accelerated share repurchase agreement

Falls church, va., nov. 02, 2021 (globe newswire) -- northrop grumman corporation (nyse: noc) today announced that it has entered into an accelerated share repurchase (asr) agreement with goldman sachs & co. llc to repurchase $500 million of northrop grumman's common stock. the asr is in addition to previously planned repurchases, including open market share repurchases, and, as a result, the company is now targeting greater than $3.5 billion of repurchases in 2021.
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