Landstar System (LSTR) Declares $1.50 Special Dividend; Raises Buyback Plan to 3M Shares
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Landstar Announces Increase to Stock Purchase Program and Special Dividend
December 13, 2017 4:36 PM ESTJACKSONVILLE, Fla., Dec. 13, 2017 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 11, 2017, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization to purchase 1,964,875 shares of Landstar System common stock in addition to the remaining capacity under the existing authorization to purchase 1,036,125 shares.
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