J.B. Hunt Transport Services Inc. filed SEC Form 8-K: Regulation FD Disclosure

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Securities registered pursuant to Section 12(b) of the Exchange Act:

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

Item 7.01.          Regulation FD Disclosure.

 

On August 16, 2024, our Board of Directors adopted a new share repurchase program authorizing the repurchase of $1 billion of the Company’s common stock. The specific timing and amount of the repurchases will vary based on market conditions, cash flows, securities law limitations and other factors. The repurchase program has no stated expiration date but may be suspended or discontinued at any time without prior notice. This new repurchase program will begin after the completion of the Company’s existing $500 million repurchase program, which had $163 million remaining available and uncommitted at June 30, 2024.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the 19^th day of August, 2024.