Heartland Express (HTLD) Announces 5 Million Share Buyback Program
HTLD Hot Sheet
Overall Analyst Rating:NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: +1.5%
Heartland Express, Inc. (Nasdaq: HTLD) The Board of Directors of Heartland Express, Inc. announced today the authorization of the repurchase of up to 5,000,000 shares of its outstanding common stock. This replaces the existing repurchase authorization. The specific timing and amount of the repurchases will be determined by market conditions, cash flow requirements, securities law limitations, and other factors. Repurchases will continue from time to time, as conditions permit, until the number of shares authorized to be repurchased have been bought, or until the authorization to repurchase is terminated, whichever occurs first. The share repurchase authorization is discretionary and has no expiration date. The repurchase program may be suspended, modified, or discontinued at any time.
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