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Ryder Announces $300 Million Accelerated Share Repurchase Program

Ryder Announces $300 Million Accelerated Share Repurchase Program

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MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces it has entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase $300 million of the company’s common stock. “We achieved exceptional financial results in 2021 with customers relying on Ryder to deliver critical supply chain and transportation services. As the ongoing supply chain and labor challeng

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