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J.B. Hunt Transport Services Plans New Share Repurchase Program For $1B Of Its Common Stock - Filing

Author: Benzinga Newsdesk | August 19, 2024 06:21am

On August 16, 2024, our Board of Directors adopted a new share repurchase program authorizing the repurchase of $1 billion of the Company’s common stock.

The specific timing and amount of the repurchases will vary based on market conditions, cash flows, securities law limitations and other factors.

The repurchase program has no stated expiration date but may be suspended or discontinued at any time without prior notice.

 This new repurchase program will begin after the completion of the Company’s existing $500 million repurchase program, which had $163 million remaining available and uncommitted at June 30, 2024.

 

Posted In: JBHT

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