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After-hours buzz: Boeing, Pfizer, Xerox & more

Traders work on the floor of the New York Stock Exchange.
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Traders work on the floor of the New York Stock Exchange.

Check out the companies making headlines after the bell Monday:

Boeing got a boost after the company raised its share repurchase program to $14 billion and declared the company's quarterly dividend will increase 20 percent to $1.09 per share. Share repurchases for 2015 have been completed for a year-end total of $6.75 billion, the airplane maker said.

Pfizer inched up after it declared a 30-cent first-quarter dividend, payable in March 2016. The dividend represents a nearly 7 percent increase, to 30 cents from 28 cents per share. The first-quarter 2016 cash dividend will be the 309th consecutive quarterly dividend paid by Pfizer.

Shares of Xerox were higher after activist investor Carl Icahn reported a 8.13 percent stake in the company. That's up from 7.13 percent reported previously.

Kenmetal plummeted nearly 20 percent after the company reduced its 2016 guidance due to "weakening end market conditions." The industrial tools supplier said it expects a 30 to 60 percent decrease in previously announced guidance for earnings in the upcoming year.

Shares of Verifone fell on weak guidance for the first quarter. The tech company reported earnings and revenue that beat Wall Street forecasts.

Shares of both Newell Rubbermaid and Jarden moved slightly in extended trade. Newell Rubbermaid, the maker of Sharpie markers and Parker pens, said it would buy Jarden for $13.22 billion, adding brands such as Sunbeam kitchen appliances and Coleman outdoor gear.

Trina Solar inched higher after the solar panel maker said it received a proposal from its CEO and Shanghai Xingsheng Equity to take the company private.

Shares of Cheniere Energy were lower after the company earlier announced the departure of co-founder and CEO Charif Souki, two months after activist investor Icahn boosted his stake.

Dow Chemical was slightly higher after activist investor Daniel Loeb said wants the chemicals company's CEO removed over a deal with DuPont, according to media reports.

— Reuters and the AP contributed to this report.