trending Market Intelligence /marketintelligence/en/news-insights/trending/iZlowdBMS2x1R37e_uTDjg2 content esgSubNav
In This List

Ryder approves share repurchase program


S&P Capital IQ Pro | Powering Your Edge


Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter


S&P Capital IQ Pro | Unrivaled Sector Coverage


Banking Essentials Newsletter: September Edition

Ryder approves share repurchase program

Ryder System Inc.'s board authorized a new share repurchase program to mitigate the dilutive impact of shares issued under the company's employee stock plans.

The new program authorizes Ryder management to repurchase up to 1.5 million shares of common stock issued to employees under Ryder's employee stock plans from Dec. 1 through Dec. 13, 2019. As of Sept. 30, the company had 52.9 million common shares outstanding.

The new program replaces Ryder's previous anti-dilutive program, which expired in December.