Trump says he won't allow defense firms to do buybacks or pay dividends until they speed up production

Anna Moneymaker/Getty Images

• President Trump said he would "not permit" defense firms to issue dividends or do stock buybacks.
• On Truth Social, Trump criticized "massive" dividends and stock buybacks "exorbitant" pay packages.
• Prominent defense contractors saw shares drop after Trump's statement.

President Donald Trump said he would "not permit" stock buybacks or dividends from US defense companies in a post on Truth Social on Wednesday.

In his post...