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General Dynamics Board Authorizes Share Repurchases, Declares Dividend

General Dynamics (GD) announced Thursday that its board of directors declared a regular quarterly dividend of $0.93 per share on the company's common stock, payable on February 8, 2019, to shareholders of record on January 18, 2019.

The board also authorized the management to repurchase an additional 10 million shares of the company's issued and outstanding common stock. As of November 30, 2018, there were about 2.1 million shares still available for purchase under the prior authorization.

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