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J.B. Hunt authorizes $1B share repurchase authorization

J.B. Hunt (JBHT) adopted a new share repurchase program authorizing the repurchase of $1B of the company’s common stock. The repurchase program has no stated expiration date but may be suspended or discontinued at any time without prior notice. This new repurchase program will begin after the completion of the company’s existing $1B repurchase program, which had $107M remaining available and uncommitted at September 30.

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