Landstar System (LSTR) Declares $2.00 Special Dividend; 1.2% Yield

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Landstar Announces Increase to Stock Purchase Program and Special Dividend

December 8, 2021 4:15 PM EST

JACKSONVILLE, Fla., Dec. 08, 2021 (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 7, 2021, 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 1,912,824 shares of Landstar System common stock in addition to the 1,087,176 shares remaining under the prior purchase authorization.

The Company also announced that its Board has declared a special... More