LDOS · 8-K · 20260804PR000243
Capital Return Program
Leidos Holdings, Inc. · 2026-08-04 · Importance 45 · Surprise 38
Leidos returned $127 million to shareholders during the second quarter, including $72 million of share repurchases and $55 million of quarterly dividends. Six-month share repurchases and other stock repurchases totaled $315 million, compared with $537 million in the prior-year period. Quarterly cash dividends increased to $0.43 per share from $0.40, while six-month declared dividends increased to $0.86 per share from $0.80. The company also had 125.5 million shares outstanding at July 3, 2026, down from 126.4 million at January 2, 2026.
Key facts
- Leidos used $423 million in financing activities in the quarter, consisting primarily of $300 million in debt paydown and $127 million returned to shareholders source
- Share repurchases of $72 million in the quarter source
- Quarterly cash dividend payments of $55 million source
- Cash dividends declared per share for the three months ended July 3, 2026 were $0.43 compared to $0.40 in the prior year quarter source
- Weighted average diluted shares outstanding were 126 million for the three months ended July 3, 2026 (versus 130 million in prior year) source