Company: NOC
Filing Date: 2025-01-30
Form Type: 10-K
Source: 0001133421-25-000006
Chunk: 79

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-01-30
Form: 10-K
Item: Item 5
Chunk 79
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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

COMMON STOCK

We have 800,000,000 shares authorized at a $1 par value per share, of which 144,952,026 shares and 150,109,271 shares were issued and outstanding as of December 31, 2024 and 2023, respectively.

PREFERRED STOCK

We have 10,000,000 shares authorized at a $1 par value per share, of which no shares were issued and outstanding as of December 31, 2024 and 2023.

MARKET INFORMATION

Our common stock is listed on the New York Stock Exchange and trades under the symbol NOC.

HOLDERS

As of January 27, 2025, there were 17,776 common shareholders of record. 

PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

PeriodNumberof SharesPurchasedAverage PricePaid perShare(1)Numberof SharesPurchased asPart of PubliclyAnnouncedPlans orProgramsApproximateDollar Value ofShares that MayYet Be Purchasedunder thePlans or Programs($ in millions)(2)September 28, 2024 - October 25, 2024150,761 $530.15 150,761 $1,483 October 26, 2024 - November 22, 2024335,909 506.90 335,909 1,313 November 23, 2024 - December 31, 2024376,550 478.58 376,550 4,133 Total863,220 $498.61 863,220 $4,133 

(1)Excludes commissions paid and other costs of execution, including taxes.

(2)The value remaining on December 31, 2024 includes an additional $3.0 billion share repurchase authorization approved by the company’s board of directors on December 11, 2024.

Share repurchases take place from time to time, subject to market and regulatory conditions and management’s discretion, in the open market or in privately negotiated transactions. The company retires its common stock upon repurchase and, in the periods presented, has not made any purchases of common stock other than in connection with these publicly announced repurchase programs.