exelis inc (XLS:New York Consolidated)
Transactions by EXELIS INC (XLS) in the last 6 months
The Board of Directors of Exelis, Inc. (NYSE:XLS) authorized a share repurchase program on December 11, 2012. Under the program, the company will repurchase up to $100 million worth of its own shares. The purpose of the program is to offset dilution from equity awards made by the company. Share repurchase transactions may be made from time to time during the defined time period at the discretion of company management and in accordance with all applicable federal securities ...
Exelis, Inc. (NYSE:XLS) entered into a share purchase agreement to acquire C4i Pty Ltd. from LongReach Group, Ltd. (ASX:LRG) for AUD 18.3 million in cash on December 10, 2012. The purchase price payable by Exelis to LongReach in cash is equal to the sum of AUD 16 million on a cash-free, debt-free basis and assuming a normal level of working capital in C4i on completion of the transaction and 50% of the amount by which revenues generated by C4i in the two year period ...
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