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0.000825195984046242 0.000825195984046242 0.00680786686838111 0.00935222115252362 0.0204236006051437 0.0272314674735248 0.0231054875532938 0.0175354146609819
Stock impact report

Old Dominion Freight Line Announces New $700 Million Stock Repurchase Program

Old Dominion Freight Line, Inc. (ODFL) 
Last old dominion freight line, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: odfl.com/financials
Company Research Source: Business Wire
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has approved a new two-year stock repurchase program authorizing the repurchase of up to $700 million of its outstanding common stock. This new repurchase program will commence upon the completion, expiration or termination of the current two-year repurchase program, which was announced on May 16, 2019. The Company repurchased $403.0 million of its common stock over the twelve-month period ended April 30, 2020, and has consistently repurchased its common stock through Board-authorized programs since 2014. The remaining authorization under the current repurchase program was $39.2 million as of April 30, 2020.The Company may repurchase shares from time to time in the open-market or through privately negotiated transactions. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other c Show less Read more
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