Landstar authorizes additional 1.9M share repurchase and $2.00 special dividend

LANDSTAR SYSTEM INC

Board authorized repurchase of up to 1,900,826 additional shares, bringing total authorization to 3,000,000 shares.
Special cash dividend of $2.00 per share declared, payable on or about January 20, 2023.
Record date for the special dividend is January 6, 2023.
No expiration date assigned to the new share repurchase authorization.
The December 6, 2022 authorization supplements existing share purchase program.

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