Landstar gets green light to buy more stock
Dec 4, 2003 12:00 PM, from staff and wire reports
Landstar System Inc, a Jacksonville FL-based provider of transportation services, has been authorized by its board of directors to purchase up to an additional one million shares of its common stock from time to time in the open market and in privately negotiated transactions. This new share purchase authorization, together with the 380,140 shares remaining to be purchased under a previous authorization, brings the total number of common stock shares authorized to be purchased to 1,380,140. Landstar currently has 29,977,000 shares of common stock outstanding.
