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Kirby Approves $8 Million Buyback Program: Will it Aid the Bottom Line?
卡比海运卡比海运(US:KEX) ZACKS·2025-09-25 20:26

Key Takeaways KEX has approved a stock repurchase authorization of up to an additional 8millionsharesofcommonstock.Suchshareholder−friendlymovesboostinvestorconfidenceandpositivelyimpactthestock′sbottomline.In2024,Kirbygenerated8 million shares of common stock.Such shareholder-friendly moves boost investor confidence and positively impact the stock's bottom line.In 2024, Kirby generated 413.8 million in free cash flow compared with 138.5milliongeneratedin2023.Inashareholder−friendlymove,KirbyCorporation’s(KEX)boardofdirectorshasannouncedastockrepurchaseauthorizationofuptoanadditional138.5 million generated in 2023.In a shareholder-friendly move, Kirby Corporation’s (KEX) board of directors has announced a stock repurchase authorization of up to an additional 8 million shares of common stock. ...