By Bowdeya Tweh 
 

Northrop Grumman Corp. has added $3 billion to its share buyback program, bringing the global defense and security company's current authorization to about $4.1 billion.

Northrop said Tuesday the share repurchases would occur in the open market or in privately negotiated transactions.

Shares in the company rose 0.5% in post-market trading.

 

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

 

(END) Dow Jones Newswires

December 04, 2018 17:22 ET (22:22 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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