Ryder Sets 2 Million Share Stock Repurchase Plan

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yder System said Monday that its board authorized repurchase of up to two million shares of its stock.

The company said it undertook the change to counter any dilution caused by its employee stock option and purchase plans.

Ryder is ranked No. 5 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.

 

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