XPO, Inc. (XPO), a provider of freight transportation, on Thursday announced that the Board has authorized the repurchase of up to $750 million of common stock with an immediate effect.
The new repurchase plan replaces the 2019 plan, which still had $503 million left as of March 26.
In the pre-market trading, XPO is 1.35% higher at $112.37 on the Nasdaq.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.