XPO Announces $750 Million Share Repurchase Authorization
XPO (NYSE: XPO) has announced a new $750 million share repurchase authorization approved by its Board of Directors. The program replaces the previous February 2019 plan, which had $503 million remaining as of March 26, 2025.
The repurchase plan, effective immediately, allows for stock buybacks through various methods including a 10b5-1 trading plan, open market purchases, and privately negotiated transactions. The timing and volume of repurchases will be determined by factors such as price, market conditions, and funding considerations. The company maintains flexibility with no obligation to repurchase a specific number of shares and can suspend or discontinue the program at any time.
XPO (NYSE: XPO) ha annunciato una nuova autorizzazione per il riacquisto di azioni da 750 milioni di dollari approvata dal suo Consiglio di Amministrazione. Il programma sostituisce il piano precedente del febbraio 2019, che aveva 503 milioni di dollari rimanenti al 26 marzo 2025.
Il piano di riacquisto, efficace immediatamente, consente il riacquisto di azioni tramite vari metodi, tra cui un piano di trading 10b5-1, acquisti sul mercato aperto e transazioni privatamente negoziate. Il momento e il volume dei riacquisti saranno determinati da fattori come il prezzo, le condizioni di mercato e le considerazioni di finanziamento. L'azienda mantiene la flessibilità senza l'obbligo di riacquistare un numero specifico di azioni e può sospendere o interrompere il programma in qualsiasi momento.
XPO (NYSE: XPO) ha anunciado una nueva autorización de recompra de acciones de 750 millones de dólares aprobada por su Junta Directiva. El programa reemplaza el plan anterior de febrero de 2019, que tenía 503 millones de dólares restantes al 26 de marzo de 2025.
El plan de recompra, efectivo de inmediato, permite la recompra de acciones a través de varios métodos, incluidos un plan de negociación 10b5-1, compras en el mercado abierto y transacciones negociadas de forma privada. El momento y el volumen de las recompras estarán determinados por factores como el precio, las condiciones del mercado y las consideraciones de financiamiento. La empresa mantiene flexibilidad sin la obligación de recomprar un número específico de acciones y puede suspender o interrumpir el programa en cualquier momento.
XPO (NYSE: XPO)는 이사회에서 승인한 7억 5천만 달러 규모의 자사주 매입 승인을 발표했습니다. 이 프로그램은 2019년 2월의 이전 계획을 대체하며, 2025년 3월 26일 기준으로 5억 3백만 달러가 남아 있었습니다.
즉시 효력이 발생하는 이 자사주 매입 계획은 10b5-1 거래 계획, 공개 시장 구매 및 비공식 거래를 포함한 다양한 방법을 통해 주식을 재매입할 수 있도록 허용합니다. 매입의 시기와 규모는 가격, 시장 상황 및 자금 고려 사항과 같은 요인에 따라 결정됩니다. 회사는 특정 수의 주식을 재매입할 의무가 없으며 언제든지 프로그램을 중단하거나 종료할 수 있는 유연성을 유지합니다.
XPO (NYSE: XPO) a annoncé une nouvelle autorisation de rachat d'actions de 750 millions de dollars approuvée par son conseil d'administration. Ce programme remplace le plan précédent de février 2019, qui avait 503 millions de dollars restants au 26 mars 2025.
Le plan de rachat, qui entre en vigueur immédiatement, permet les rachats d'actions par divers moyens, y compris un plan de trading 10b5-1, des achats sur le marché ouvert et des transactions négociées en privé. Le moment et le volume des rachats seront déterminés par des facteurs tels que le prix, les conditions du marché et les considérations de financement. L'entreprise conserve une flexibilité sans obligation de racheter un nombre spécifique d'actions et peut suspendre ou interrompre le programme à tout moment.
XPO (NYSE: XPO) hat eine neue Genehmigung zum Rückkauf von Aktien in Höhe von 750 Millionen Dollar bekannt gegeben, die von seinem Vorstand genehmigt wurde. Das Programm ersetzt den vorherigen Plan vom Februar 2019, der zum 26. März 2025 noch 503 Millionen Dollar übrig hatte.
Der Rückkaufplan, der sofort in Kraft tritt, erlaubt den Rückkauf von Aktien durch verschiedene Methoden, einschließlich eines 10b5-1-Handelsplans, Käufen am offenen Markt und privat ausgehandelten Transaktionen. Der Zeitpunkt und das Volumen der Rückkäufe werden durch Faktoren wie Preis, Marktbedingungen und Finanzierungsüberlegungen bestimmt. Das Unternehmen behält sich die Flexibilität vor, ohne Verpflichtung, eine bestimmte Anzahl von Aktien zurückzukaufen, und kann das Programm jederzeit aussetzen oder einstellen.
- Large $750 million share repurchase authorization shows strong commitment to returning value to shareholders
- Immediate effectiveness of the program demonstrates decisive action
- Flexible implementation allows for opportunistic purchases at favorable prices
- Significant cash allocation to buybacks may limit funds available for operational growth or debt reduction
- No guarantee of complete program execution as it can be suspended at any time
GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced that its Board of Directors has authorized the repurchase of up to
The new repurchase plan is effective immediately and permits shares of common stock to be repurchased from time to time at management's discretion, through a variety of methods, including a 10b5-1 trading plan, open market purchases, privately negotiated transactions, or transactions otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
The timing and number of shares of stock repurchased will be opportunistic depending on a variety of factors, including price, general business and market conditions, alternative investment opportunities and funding considerations. The repurchase plan does not obligate XPO to repurchase any specific number of shares and may be suspended or discontinued at any time.
About XPO
XPO, Inc. (NYSE: XPO) is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The company’s customer-focused organization efficiently moves 18 billion pounds of freight per year, enabled by its proprietary technology. XPO serves approximately 55,000 customers with 614 locations and 38,000 employees in North America and Europe, and is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on LinkedIn, Facebook, X, Instagram and YouTube.
Forward-looking Statements
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.
These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in our filings with the SEC, and the following: the effects of business, economic, political, legal, and regulatory impacts or conflicts upon our operations; supply chain disruptions and shortages, strains on production or extraction of raw materials, cost inflation and labor and equipment shortages; our ability to align our investments in capital assets, including equipment, service centers, and warehouses to our customers’ demands; our ability to implement our cost and revenue initiatives; the effectiveness of our action plan, and other management actions, to improve our North American LTL business; our ability to continue insourcing linehaul in ways that enhance our network efficiency and service; the anticipated impact of a freight market recovery on our business; our ability to benefit from a sale, spin-off or other divestiture of one or more business units or to successfully integrate and realize anticipated synergies, cost savings and profit opportunities from acquired companies; goodwill impairment; issues related to compliance with data protection laws, competition laws, and intellectual property laws; fluctuations in currency exchange rates, fuel prices and fuel surcharges; the expected benefits of the spin-offs of GXO Logistics, Inc. and RXO, Inc.; our ability to develop and implement suitable information technology systems; the impact of potential cyber-attacks and information technology or data security breaches or failures; our indebtedness; our ability to raise debt and equity capital; fluctuations in interest rates; seasonal fluctuations; our ability to maintain positive relationships with our network of third-party transportation providers; our ability to attract and retain management talent and key employees including qualified drivers; labor matters; litigation; and competition and pricing pressures. We caution that our operating results for February 2025 are not necessarily indicative of the results that may be expected for future periods.
All forward-looking statements set forth in this release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us or our business or operations. Forward-looking statements set forth in this release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements except to the extent required by law.
Investor Contact
Brian Scasserra
+1-617-607-6429
brian.scasserra@xpo.com
Media Contact
Cole Horton
+1-203-609-6004
cole.horton@xpo.com
FAQ
What is the size of XPO's new share repurchase program announced in March 2025?
How much was remaining in XPO's previous share buyback program?
What methods can XPO use to execute its share repurchase program?
Is XPO obligated to complete the entire $750 million share repurchase?
