Boeing Announces Actions to Navigate COVID-19 Crisis

The Boeing Company (NYSE: BA) today announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry's recovery. Decisions include:

• CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. 
• The company will suspend its dividend until further notice.
• Boeing will extend its pause of any share repurchasing until further notice.  The company previously suspended its stock buyback program in April of 2019.

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Boeing is drawing on all of its resources to sustain operations, support its workforce and customers, and maintain supply chain continuity through the COVID-19 crisis and for the long term.

Press release Boeing