XPO Board Sets New $750 Million Share-Repurchase Authorization

Dow Jones

03-27

By Colin Kellaher

XPO's board has approved a new $750 million stock-buyback program for the provider of freight-transportation services.

XPO on Thursday said the new program replaces a $1.5 billion repurchase plan authorized in February 2019 that had $503 million remaining.

The Greenwich, Conn., company, which had about 117.2 million shares outstanding as of Jan. 31, sports a market capitalization of $13 billion.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

March 27, 2025 06:57 ET (10:57 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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