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Boeing ups dividend by 50%, okays US$10b buyback plan

Company enjoying revenue surge as it ramps up production of commercial jets

[SEATTLE] Boeing Co's board has raised the company dividend by about 50 per cent and approved US$10 billion in new share buyback authority that the company said it will use in the next two to three years.

The share repurchase represents about 10 per cent of Boeing's outstanding stock,...

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