XPO Logistics, Inc. Buyback
OLI recorded this information on 12/14/2018
XPO Logistics, Inc.
XPO Logistics, Inc. ("XPO" or the "Company") (NYSE:XPO) today announced that its Board of Directors has authorized the Company to repurchase up to $1 billion of its common stock.
XPO Logistics is a global provider of supply chain solutions to various companies. Co. has two reporting segments: Transportation and Logistics. Co.'s Transportation segment facilitates the movement of raw materials, parts and finished goods. Co.'s transportation services include less-than-truckload, truck brokerage and other transportation services. Co.'s Logistics segment provides a range of services including warehousing and distribution, order fulfillment and personalization, cold-chain logistics, packaging and labeling, aftermarket support, inventory management and supply chain optimization.
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Strong Buy (3.72 out of 4)