J.B. Hunt (JBHT) Announces New $1B Share Repurchase Program

J.B. Hunt Transport Services' (JBHT) board of directors has approved a new share repurchase plan. As part of the program, which has no expiration date, $1 billion worth of shares are authorized for buyback. This new program will commence after the existing $500 million share repurchase plan is completed. The existing buyback plan was announced in July 2022. Under this existing program, the transportation company repurchased shares worth $228.3 million in the first six months of 2024. Details regarding the n ...