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Raytheon Technologies Corp. announced Monday afternoon that its board of directors has authorized a stock-buyback program of up to $6 billion. The program replaces Raytheon’s previous one, which was approved Dec. 7, 2021. Shares were ahead about 1% in after-hours trading Monday. The stock has climbed 16% so far in 2022 as the S&P 500 index has declined by about 16% over the same span.
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