NEWS Boeing boosts share repurchase program and increases dividend

The Boeing board of directors has raised the company’s authorisation for its share repurchase program to $14 billion and declared that the company’s quarterly dividend will increase 20 per cent to $1.09 per share. “Once again, we are demonstrating our commitment to a balanced cash deployment strategy that fuels investments in our people, innovation and growth, and returns significant value to our shareholders,” said Boeing president Dennis Muilenburg.