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Boeing raises share buyback authorization to $14 billion

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Reuters
Last Updated : Dec 15 2015 | 3:22 AM IST

(Reuters) - Boeing Co raised its share repurchase authorization to $14 billion from $12 billion and also increased its quarterly dividend.

The planemaker, which had $5.25 billion remaining under the $12 billion buyback plan, said it raised its dividend to $1.09 per share.

(Reporting by Radhika Rukmangadhan in Bengaluru; Editing by Savio D'Souza)

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First Published: Dec 15 2015 | 3:07 AM IST

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