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Boeing Co BA

Alternate Symbol(s):  N.BA | BA.PR.A

Industrials Airlines
The Boeing Company is an aerospace company. The Company operates in three segments: Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.


NYSE:BA - Post by User

Boeing Co
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(14)
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Post by kijijion Mar 20, 2020 8:53pm
186 Views
Post# 30832527

suspends dividend

suspends dividend
Boeing Announces Actions to Navigate COVID-19 Crisis
 
2020-03-20 19:05 ET - News Release
 
 
The Boeing Company (NYSE: BA) today announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry's recovery. Decisions include:
 
CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. 
The company will suspend its dividend until further notice.
Boeing will extend its pause of any share repurchasing until further notice.  The company previously suspended its stock buyback program in April of 2019.
Boeing is drawing on all of its resources to sustain operations, support its workforce and customers, and maintain supply chain continuity through the COVID-19 crisis and for the long term.
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