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

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

Landstar Announces Increase to Stock Purchase Program and Special Dividend

December 7, 2022 4:25 PM EST

JACKSONVILLE, Fla., Dec. 07, 2022 (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 6, 2022, 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 1,900,826 shares of Landstar System common stock in addition to the remaining capacity under the existing authorization to purchase 1,099,174 shares.

The Company also announced that its... More