BNSF to repurchase another 30 million shares
BNSF Railway Co. parent company Burlington Northern Santa Fe Corp. Thursday authorized the extension of its share repurchase program, adding 30 million shares to the total of 150 million shares previously authorized.
To date, BNSF has repurchased more than 147 million shares.
BNSF said that as of Oct. 17, there were approximately 373 million common shares outstanding.