ODFL · 10-Q · 2026Q2 · Full report

Capital Return Program

OLD DOMINION FREIGHT LINE, INC. · 2026-08-05 · Importance 50 · Surprise 24 · Contradicted

The July 2023 repurchase authorization permits up to $3.0 billion of common-stock repurchases without an expiration date. At June 30, 2026, $1.31 billion remained available under the authorization. The company’s first-half 2026 financing cash outflows were lower partly because cash used for repurchases decreased from the prior-year period. The board declared quarterly dividends of $0.29 per share for each of the first three quarters of 2026, compared with $0.28 per share for each 2025 quarter.

Key facts

• On July 26, 2023, Board approved a stock repurchase program authorizing repurchases up to an aggregate of $3.0 billion of common stock (2023 Repurchase Program). source
• At June 30, 2026, $1.31 billion remained authorized under the 2023 Repurchase Program. source
• Board declared a cash dividend of $0.29 per share for each of the first three quarters of 2026. source
• Board declared a cash dividend of $0.28 per share for each quarter of 2025. source

Impact estimates