WS Investor
27 Mar 2025, 19:51
XPO Announces $750 Million Share Repurchase Plan
On March 26, 2025, XPO, Inc.’s Board of Directors authorized a new share repurchase program allowing the company to buy back up to $750 million of its common stock. This new authorization replaces the previous plan from February 2019, which had $503 million remaining as of the same date.
Under the new repurchase plan, XPO may repurchase shares at its discretion through methods such as open market transactions, privately negotiated deals, or trading plans compliant with SEC Rule 10b5-1 and Rule 10b-18.
The company emphasized that the timing and volume of repurchases will be guided by market conditions, business outlook, and capital allocation priorities. The plan does not obligate XPO to repurchase any specific number of shares and can be modified or terminated at any time. It is effective immediately.
In the accompanying forward-looking statement disclaimer, XPO noted various risks that could affect future outcomes, including economic and regulatory conditions, supply chain and labor disruptions, inflation, data security concerns, market competition, and the company's ability to meet strategic objectives.
On March 26, 2025, XPO, Inc.’s Board of Directors authorized a new share repurchase program allowing the company to buy back up to $750 million of its common stock. This new authorization replaces the previous plan from February 2019, which had $503 million remaining as of the same date.
Under the new repurchase plan, XPO may repurchase shares at its discretion through methods such as open market transactions, privately negotiated deals, or trading plans compliant with SEC Rule 10b5-1 and Rule 10b-18.
The company emphasized that the timing and volume of repurchases will be guided by market conditions, business outlook, and capital allocation priorities. The plan does not obligate XPO to repurchase any specific number of shares and can be modified or terminated at any time. It is effective immediately.
In the accompanying forward-looking statement disclaimer, XPO noted various risks that could affect future outcomes, including economic and regulatory conditions, supply chain and labor disruptions, inflation, data security concerns, market competition, and the company's ability to meet strategic objectives.
