Schneider National, Inc. 8-K

What Happened

• Schneider National, Inc. (SNDR) filed an 8-K on January 28, 2026 reporting that its Board approved on January 26, 2026 a quarterly cash dividend of $0.10 per share for Q1 2026. The dividend is payable to shareholders of record at the close of business on March 13, 2026 and is expected to be paid on April 8, 2026.
• The Board also approved a new share repurchase program, effective immediately, authorizing up to $150 million to buy back Class A and/or Class B common stock over the next three years. This new program supersedes the prior $150 million repurchase authorization that was scheduled to expire January 31, 2026.

Key Details

• Dividend: $0.10 per share for Q1 2026; record date March 13, 2026; expected payment date April 8, 2026.
• Share Repurchase Program: up to $150 million authorized, effective immediately, term = three years.
• The new program replaces the prior repurchase authorization (approved Jan 31, 2023) which had repurchased 4.4 million shares for $110.1 million.
• Announcement made via press release attached to the 8-K.

Why It Matters

• The dividend provides a direct, predictable cash return to shareholders for Q1 2026. The $0.10 per-share amount and specified record/payment dates let investors plan around expected cash distributions.
• The $150 million buyback program signals the company’s intent to return capital and potentially reduce share count, which can support per-share metrics. The program’s size and three-year term give management flexibility to repurchase stock over time, subject to market conditions and corporate decisions.
• Past repurchases (4.4M shares for $110.1M) show Schneider has actively used buybacks under prior authorizations; investors should watch actual repurchase activity and timing for impact on shares outstanding and capital allocation.