L3Harris Technologies (L3Harris Technologies) Buyback Yield % : 0.86 (As of Apr. 29, 2024)

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What is L3Harris Technologies Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

L3Harris Technologies's current buyback yield was 0.86%.

L3Harris Technologies Buyback Yield % Historical Data

The historical data trend for L3Harris Technologies's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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L3Harris Technologies Buyback Yield % Chart

L3Harris Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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0.48

5.82

8.91

2.73

1.30

L3Harris Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															4.26	1.32	-	-	2.29

Competitive Comparison of L3Harris Technologies's Buyback Yield %

For the Aerospace & Defense subindustry, L3Harris Technologies's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

L3Harris Technologies's Buyback Yield % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's Buyback Yield % falls into.

L3Harris Technologies Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

L3Harris Technologies's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-518	+	0)	/	39977.57158
	=	1.30%

L3Harris Technologies's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-233	+	0)	*	4	/	40659.48
	=	2.29%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

L3Harris Technologies Buyback Yield % Related Terms

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L3Harris Technologies (L3Harris Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » L3Harris Technologies Inc (NYSE:LHX) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

LHX:Mexico HRS:Germany HRS:Germany L1HX34:Brazil

Address

1025 West NASA Boulevard, Melbourne, FL, USA, 32919

Website

https://www.l3harris.com

L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the U.S. Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

Executives

Edward J Zoiss	officer: President, Electronic Systems	HARRIS CORPORATION, 1395 TROUTMAN BOULEVARD NE, PALM BAY FL 32904
Ross Niebergall	officer: President, Aerojet Rocketdyne	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Melanie Rakita	officer: Vice President & CHRO	C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Rice Edward A Jr	director	C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Samir Mehta	officer: Pres., Communication Systems	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Dana A Mehnert	officer: President, RF Communications	HARRIS CORPORATION, 1680 UNIVERSITY AVENUE, ROCHESTER NY 14610
James P Girard	officer: Vice President, HR	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Christopher E Kubasik	director, officer: President and COO
Jon Rambeau	officer: Pres., Integrated Mission Sys.	L3HARRIS TECHNOLOGIES, INC., 1395 TROUTMAN BLVD., NE, PALM BAY FL 32905
Scott T Mikuen	officer: VP-General Counsel & Secretary	HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Christina L Zamarro	director	200 INNOVATION WAY, AKRON OH 44316
Joanna Geraghty	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Michelle L. Turner	officer: SVP, Chief Financial Officer	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Harris Harry B. Jr	director	L3HARRIS TECHNOLOGIES INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Todd W. Gautier	officer: Segment President	600 THIRD AVENUE 35TH FLOOR, NEW YORK NY 10016