Ryder announces new 2M share repurchase plan

Ryder (R) System announces its Board of Directors has authorized a new share repurchase plan. Under the new discretionary repurchase plan, Ryder management is authorized to repurchase up to 2M shares of common stock, at its discretion, from May 1, 2026, through May 1, 2028. This plan is designed to provide management with capital structure flexibility while concurrently managing objectives related to balance sheet leverage, investments in organic growth, acquisition opportunities, and shareholder returns. The new plan replaces the company’s previously authorized 2M share discretionary plan from 2025, which was largely completed.