Union Pacific sets $20 Billion stock buyback

By Stuart Chirls, Senior Editor, Railway Age Magazine; June 1, 2018

The biggest Class I railroad announced a double-helping of good news this week, but it was aimed mostly at Wall Street.

Union Pacific Corp. plans to buy back about $20 billion in stock from 2018 to 2020.

The Omaha-based carrier is also targeting a full-year operating ratio of 60% by 2020, with an ultimate goal of 55%.

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