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ArcBest Buyback

OLI recorded this information on 2/28/2023

Company: ArcBest
Buyback: ARCB buyback
$Amount Authorized: $125,000,000
Buyback Details: ArcBest announced that its board of directors has increased the total amount available under the company's common stock repurchase program to $125 million.

ArcBest is a holding company. Through its subsidiaries, Co. provides a suite of freight transportation and integrated logistics services to deliver solutions. Co.'s segments are: Asset-Based, which provides less-than-truckload services through its subsidiary, ABF Freight System, Inc., and certain other subsidiaries' motor carrier operations; ArcBest, which provides expedite, truckload and dedicated, international, managed transportation, moving and other logistics services; FleetNet, which provides roadside repair solutions and vehicle maintenance management services for commercial and private fleets through a network of third-party service providers in the U.S., Canada, and Puerto Rico.

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Company Name:  ArcBest Corp
Stock buyback:  ARCB buyback
Website:  www.arcb.com
Sector:  Trucking
Number of ETFs Holding ARCB:  60
Total Market Value Held by ETFs:  $760.28M
Total Market Capitalization:  $3.43B
% of Market Cap. Held by ETFs:  22.15%
 

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April 26, 2024    3:26 AM Eastern
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Buy (3.32 out of 4)
46th percentile
(ranked lower than approx. 54% of all stocks covered)

Analysts' Target Price:
ARCB Stock Forecast

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