NasdaqGS:JBHTTransportation
Why J.B. Hunt (JBHT) Is Up 5.6% After Earnings Beat, Buyback Boost And New Credit Line
In recent months, J.B. Hunt Transport Services reported a strong third-quarter earnings beat, put a new US$1.70 billion credit agreement in place extending its revolving line of credit to late 2030, authorized a US$1.00 billion share repurchase program, and continued its regular quarterly dividend while several senior executives sold shares.
Together, these actions highlight a focus on balance sheet flexibility and returning capital to shareholders, even as insider selling draws some...