Forward Air Corporation Buyback
OLI recorded this information on 7/30/2015
Company:
Forward Air Corporation
Buyback:
FWRD buyback
Share Amount Authorized:
1,100,000
Buyback Details:
Forward Air Corporation (NASDAQ:FWRD) announced today that it has adopted a Rule 10b5-1 plan (the "Plan") for the purpose of repurchasing approximately 1.1 million shares of its common stock. The Plan has been established in connection with the two million share repurchase program that was previously announced on February 10, 2014.
Forward Air is an asset-light freight and logistics company. Co. provides less-than-truckload (LTL), final mile, truckload and intermodal drayage services across the U.S. and in Canada. Co.'s services are classified into two reportable segments: Expedited Freight and Intermodal. Co.'s Expedited Freight segment provides expedited regional, inter-regional and national LTL services. Co.'s Intermodal segment provides first- and last-mile intermodal container drayage services both to and from seaports and railheads. Intermodal also provides contract and container freight station warehouse and handling services.
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Hold (2.29 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: FWRD Stock Forecast Based on Zacks ABR data; powered by Xignite |