Schneider National, Inc. announces increase to quarterly dividend and new share repurchase program
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Key Terms
stock repurchase programfinancial
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
share repurchase programfinancial
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
dilutive effectfinancial
Dilutive effect is what happens when a company issues more shares or converts securities into shares, so each existing shareholder owns a smaller piece of the company and receives a smaller share of future profits. Think of a pizza being cut into more slices: your slice becomes smaller; for investors this can lower earnings-per-share and reduce voting influence, which may affect share value and investment returns.
equity grantsfinancial
Equity grants are awards of company stock or rights to buy stock given to employees, executives, or advisors as part of compensation. They matter to investors because they align employee incentives with company performance and can change the value of existing shares—similar to giving extra slices of a pie, which can reduce each current owner’s portion and affect metrics like earnings per share and shareholder returns.
open market repurchasesfinancial
Open market repurchases are when a company buys its own shares back using cash by purchasing them on public stock exchanges, just like someone gradually buying slices from a shared pie so the remaining slices grow bigger. For investors this matters because repurchases lower the number of shares outstanding, which can raise earnings per share and push the stock price higher, but they also use corporate cash and signal management priorities, so the trade-offs affect valuation and risk.
privately negotiated transactionsfinancial
Privately negotiated transactions are deals made directly between parties without involving a public marketplace or open auction. They are like private sales between two individuals rather than items sold at a busy marketplace open to everyone. For investors, these transactions can offer more tailored terms and privacy, but they may also carry different risks and less transparency compared to public exchanges.
GREEN BAY, Wis.--(BUSINESS WIRE)--
Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today that on January 26, 2026, its Board of Directors declared a quarterly cash dividend of $0.10 per share on its Class A and Class B common stock, a 5% increase over the previous quarterly dividend of $0.095 per share. The dividend is payable to shareholders of record as of March 13, 2026. The dividend is expected to be paid on April 8, 2026.
On January 26, 2026, its Board of Directors approved a new stock repurchase program (the “Share Repurchase Program”), effective immediately, under which up to $150 million of the Company’s outstanding Class A common stock, no par value, and/or Class B common stock, no par value, may be acquired over the next three years. The Share Repurchase Program is a complementary component of the Company’s capital allocation framework and will primarily serve to offset the dilutive effect of equity grants to employees over time.
The Share Repurchase Program supersedes and replaces the $150 million stock repurchase authorization approved by the Board on January 31, 2023 (the “Prior Repurchase Program”), which is scheduled to expire on January 31, 2026, and is substantially similar to the Prior Repurchase Program. The Company repurchased 4.4 million shares for a total of $110.1 million under the Prior Repurchase Program.
Stock repurchases under the Share Repurchase Program may be made from time to time, at the discretion of management, through open market repurchases effected through a broker at prevailing market prices, or through privately negotiated transactions, based on a variety of factors including the Company’s liquidity and capital position, current market conditions, and the future economic and earnings outlook.
There can be no assurance as to the number of shares the Company will purchase pursuant to the Share Repurchase Program, if any, and the Company may discontinue purchases at any time at the discretion of management. The Share Repurchase Program may be increased or otherwise modified, renewed, suspended or terminated by the Company at any time, without prior notice.
Schneider has been safely delivering superior customer experiences and investing in innovation for 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.
For more information about Schneider, visit Schneider.com or follow the company socially on Facebook,LinkedIn and X: @WeAreSchneider.
