GXO Logistics authorizes $500 million share repurchase program

GXO Logistics, Inc.

Board authorized repurchase of up to $500M of common stock on Feb 18, 2025.
Repurchases may be made via open market, 10b5-1 plans, or privately negotiated transactions.
Program effective immediately; no obligation to repurchase any specific number.
Funding from existing cash, revolver borrowings, or other financing sources.
Management discretion over timing and amount based on market conditions and other factors.

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