secwatch.observer — SEC 8-K summary
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Issuer:     LANDSTAR SYSTEM INC (LSTR)
CIK:        0000853816
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001193125-23-288879
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Landstar declares $2.00 special dividend and expands share repurchase authorization
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- Board authorized purchase of up to 319,332 additional shares; aggregate authorization now 3,000,000 shares.
- Special cash dividend of $2.00 per share declared, payable January 19, 2024 to holders of record January 3, 2024.
- Share purchase program has no assigned expiration date for the new authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/853816/000119312523288879/0001193125-23-288879-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/853816/000119312523288879/d631925d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-288879

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