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XPO Announces Share Repurchase Of Up To $750 Mln Stock

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.

by RTTNews Staff Writer

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