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ODFL Buyback image

Old Dominion Freight Line, Inc. Buyback

OLI recorded this information on 5/23/2016

Company: Old Dominion Freight Line, Inc.
Buyback: ODFL buyback
$Amount Authorized: $262,000,000
Buyback Details: Old Dominion Freight Line, Inc. (NASDAQ:ODFL) today announced that its Board of Directors has approved a new two-year stock repurchase program authorizing Old Dominion to repurchase up to $250 million of its outstanding common stock. Old Dominion's total outstanding stock repurchase authority is now approximately $262 million. This total includes approximately $12 million remaining under the previously authorized repurchase program announced on November 10, 2014, which the Company intends to complete before it commences the new repurchase program.

Old Dominion Freight Line is a less-than-truckload (LTL) motor carrier. Co. provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Co.'s service offerings, which include expedited transportation, are provided through a network of service centers located throughout the continental U.S. Through alliances, Co. also provides LTL services throughout North America. In addition to its LTL services, Co. provides a range of services including container drayage, truckload brokerage and supply chain consulting.

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ODFL — Key Stats (updated 3 hours, 33 minutes ago)
Company Name:  Old Dominion Freight Line, Inc.
Stock buyback:  ODFL buyback
Website:  www.odfl.com
Sector:  Trucking
Number of ETFs Holding ODFL:  102
Total Market Value Held by ETFs:  $5.70B
Total Market Capitalization:  $48.26B
% of Market Cap. Held by ETFs:  11.80%
 

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April 16, 2024  •  2:02 PM Eastern
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Avg. Broker Rec.

Hold (2.39 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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