XPO's $265 Million Trading Volume Surge Lands 308th in Market Rankings

On March 27, 2025, XPO's trading volume reached $265 million, marking an 84.23% increase from the previous day. This surge placed XPO at the 308th position in the day's stock market rankings. XPO's stock price rose by 2.11%.

XPO has announced a significant stock buyback plan worth $750 million. This new repurchase plan, authorized by the company's Board of Directors, will replace the previous plan from February 2019, which had $503 million remaining as of March 26. The new plan allows for the repurchase of common stock at management's discretion, aiming to enhance shareholder value and optimize the company's capital structure.

The repurchase plan is effective immediately, enabling XPO to buy back shares from time to time as deemed appropriate by management. This strategic move is expected to positively impact the company's stock price by reducing the number of shares outstanding, thereby increasing earnings per share and potentially attracting more investors.