11:35 AM EDT, 08/19/2024 (MT Newswires) -- J.B. Hunt Transport Services (JBHT) said Monday its board adopted a new $1 billion share repurchase program.

The new program will start after the completion of the company's existing $500 million repurchase plan, which had $163 million remaining available and uncommitted at June 30, according to a filing with the US Securities and Exchange Commission.

J.B. Hunt shares were up 1.6% in recent trading.

Price: 173.03, Change: +2.66, Percent Change: +1.56