Raytheon Technologies board authorizes $6B share buyback

Raytheon Technologies’ Board of Directors authorized the repurchase of up to $6B of the company’s outstanding common stock. The new authorization replaces the company’s previous program, approved Dec. 7, 2021. Share repurchases may take place from time to time, subject to market conditions and at the company’s discretion, in the open market, through privately negotiated transactions or other means.