ODFL · 10-Q · 2026Q3 · Full report
Capital Return Program
OLD DOMINION FREIGHT LINE, INC. · 2026-11-04 · Importance 44 · Surprise 24 · Contradicted
The July 2023 repurchase authorization permits up to $3.0 billion of common-stock repurchases and has no expiration date. The program began after the prior program was completed in May 2024, and $1.15 billion remained authorized at September 30, 2026. Repurchases may be made in open-market purchases or privately negotiated transactions, and repurchased shares are canceled. The company also declared quarterly cash dividends of $0.29 per share for each of the first three quarters of 2026, compared with $0.28 per share per quarter in 2025.
Key facts
- OLD DOMINION FREIGHT LINE, INC.’s 2023 Repurchase Program authorizes repurchases of up to $3.0 billion of common stock, began after the prior program ended in May 2024, and has no expiration date. source
- OLD DOMINION FREIGHT LINE, INC. had $1.15 billion remaining authorized under its 2023 Repurchase Program at September 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -16.6% | OLD DOMINION FREIGHT LINE, INC. had $1.15 billion remaining authorized under its 2023 Repurchase Program at September 30, 2026. |