Kirby Corporation Announces Board Approval for Authorization to Repurchase Up to Eight Million Shares
1. Kirby announces share repurchase authorization for up to eight million shares. 2. The move indicates confidence in generating sustainable free cash flow. 3. Total shares authorized for repurchase now stand at approximately 8.8 million. 4. CEO emphasizes commitment to returning cash to shareholders over time. 5. Forward-looking statements highlight potential risks affecting future performance.