Leidos enters $500M accelerated share repurchase, receives ~3M shares initially

Leidos Holdings, Inc.

Initial $500 million payment made Feb 20, 2025; ~3 million shares delivered same day.
Final share count based on VWAP less discount, with potential adjustments for additional shares or cash.
Settlement expected during second quarter of 2025, subject to earlier completion at counterparty's option.

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