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J.B. Hunt declares dividend, authorizes $500 million share repurchase

2015-10-24 06:34:36| Trucking - Topix.net

The board of directors at Lowell-based J.B. Hunt Transport Services Inc., approved a quarterly cash dividend to its shareholders of record as of Nov. 6. Shareholders will receive 21 cents per share in a cash payment on Nov. 20. In other business, the board also approved a $500 million share repurchase authorization. The specific timing and amount of the repurchase will vary based on market conditions, cash flow and other factors, according to the release.

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