secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001193125-25-032778
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000119312525032778/0001193125-25-032778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000119312525032778/d924124d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-032778

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer