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From Home Furnishing Business
XPO Authorizes Repurchase of Up to $750 Million of Common Stock
March 27,
2025 by Karen Parrish in Business Strategy, Industry 
XPO, a leading provider of freight transportation in North America, announced that its Board of Directors has authorized the repurchase of up to $750 million of XPO’s common stock. The new repurchase plan replaces XPO’s previous share repurchase plan, authorized in February 2019, which had $503 million remaining as of March 26, 2025.
The new repurchase plan is effective immediately and permits shares of common stock to be repurchased from time to time at management's discretion, through a variety of methods, including a 10b5-1 trading plan, open market purchases, privately negotiated transactions, or transactions otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
The timing and number of shares of stock repurchased will be opportunistic depending on a variety of factors, including price, general business and market conditions, alternative investment opportunities and funding considerations. The repurchase plan does not obligate XPO to repurchase any specific number of shares and may be suspended or discontinued at any time.