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Stock impact report

Old Dominion Freight Line Announces $0.13 Per Share Quarterly Cash Dividend and a New $250 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 declared a quarterly cash dividend of $0.13 per share of common stock, payable on June 20, 2018, to shareholders of record at the close of business on June 6, 2018. The Company also announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of its outstanding common stock through June 2020. This new repurchase program will commence upon the expiration of the previously authorized two-year repurchase program announced on May 23, 2016. Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, “We are pleased with the Board’s authorization of this new stock repurchase program, which is integral to our capital allocation strategy and reflects our commitment to building long-term sha Show less Read more
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