May 9, 2017 / 5:49 PM / 2 months ago

BRIEF-L3 Technologies announces new $1.5 billion share repurchase program

1 Min Read

May 9 (Reuters) - L3 Technologies Inc:

* L3 Technologies announces new $1.5 billion share repurchase program and declares quarterly dividend

* Sets regular quarterly cash dividend of $0.75 per share

* New stock repurchase authorization is effective July 1, 2017

* Says repurchase program is expected to be funded using company's cash on hand and cash generated from operations Source text for Eikon: Further company coverage:

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