Tranche Update on Universal Logistics Holdings, Inc.'s Equity Buyback Plan announced on July 29, 2021.
August 10, 2023 at 04:29 pm EDT
Share
From April 2, 2023 to July 1, 2023, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 486,749 shares, representing 1.82% for $10.53 million under the buyback announced on July 29, 2021.
Universal Logistics Holdings, Inc. is a holding company, providing a variety of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. Its segments include contract logistics, intermodal, trucking, and company-managed brokerage. The contract logistics segment delivers value-added and dedicated transportation services to support in-bound logistics to original equipment manufacturers and retailers on a contractual basis. The intermodal segment is associated with local and regional drayage moves that are coordinated by company-managed terminals using a mix of owner-operators, company equipment and third-party capacity providers (broker carriers). The trucking segment's operations are associated with individual freight shipments coordinated by its agents. The company-managed brokerage segment provides for the pick-up and delivery of individual freight shipments using broker carriers, coordinated by its company-managed operations.
UNIVERSAL LOGISTICS HOLDINGS, INC. 
