Share Repurchase Plan Authorized by Werner Enterprises (NASDAQ:WERN) Board
MarketBeat
Werner Enterprises (NASDAQ:WERN - Get Free Report) declared that its board has approved a share buyback plan on Monday, August 11th, RTT News reports. The company plans to buyback 5,000,000 outstanding shares. This buyback authorization authorizes the transportation company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
NASDAQ:WERN