NYSE:TXTAerospace & Defense
Textron (TXT) Valuation Check As New US$25m Share Buyback Authorization Is Announced
Textron (TXT) has put a fresh capital return plan on the table, authorizing the repurchase of up to 25,000,000 shares and declaring a quarterly dividend of $0.02 per common share.
See our latest analysis for Textron.
Textron shares now trade at US$98.99, with a 90 day share price return of 19.21% and a 1 year total shareholder return of 35.29%. This suggests recent momentum has picked up compared with the more modest 7 day pullback and steady multi year gains.
If this capital return update...