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NSC Buyback image

Norfolk Southern Corporation Buyback

OLI recorded this information on 3/29/2022

Company: Norfolk Southern Corporation
Buyback: NSC buyback
$Amount Authorized: $10,000,000,000
Buyback Details: Norfolk Southern Corporation (NYSE:NSC) today announced that its Board of Directors has authorized a new program for the repurchase of up to$10 billionof its common stock beginningApril 1, 2022. The company's current program will be terminated onMarch 31, 2022.

Norfolk Southern is a holding company. Through its subsidiaries, Co. is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the U.S. Co. also transports overseas freight through several Atlantic and Gulf Coast ports. Co. provides intermodal network in the eastern half of the U.S. Co.'s system reaches manufacturing plants, electric generating facilities, mines, distribution centers, transload facilities, and other businesses located in its service area.

Norfolk Southern SEC Filing Email Alerts Service

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NSC — Key Stats (updated 8 hours, 37 minutes ago)
Company Name:  Norfolk Southern Corp
Stock buyback:  NSC buyback
Website:  www.norfolksouthern.com
Sector:  Railroads
Number of ETFs Holding NSC:  94
Total Market Value Held by ETFs:  $6.08B
Total Market Capitalization:  $54.93B
% of Market Cap. Held by ETFs:  11.07%
 

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April 18, 2024  •  7:06 PM Eastern
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Buy (2.99 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
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