1 unchanged sentence
Our common stock is listed on the New York Stock Exchange (“NYSE”) under the symbol XPO.
−Removed: As of February 1, 2024, there were approximately 70 registered holders of our common stock.
+Added: As of January 31, 2025, there were approximately 57 registered holders of our common stock.
We have never paid, and have no immediate plans to pay, cash dividends on our common stock.
Stock Performance Graph
−Removed: The graph below compares the cumulative five-year total return of holders of our common stock with the cumulative performance of the Dow Jones Transportation Average index, the S&P 400 MidCap index and the S&P Transportation Select Industry index.
+Added: The graph below compares the cumulative five-year total return of holders of our common stock with the cumulative performance of the S&P Transportation Select Industry index and the S&P 400 MidCap index, of which we are a component.
The graph assumes that the value of the investment in our common stock and each index was $100 on December 31, 2019 and that all dividends and other distributions, including the effect of Spin-offs, were reinvested.
The comparisons in the graph below are based on historical data and not indicative of, or intended to forecast, future performance of our common stock.
−Removed: The graph in our 2022 Annual Report on Form 10-K included a comparison of our common stock with the Dow Jones Transportation Average index and the S&P 400 MidCap index.
−Removed: Going forward, our performance graphs will use the S&P Transportation Select Industry index rather than the Dow Jones Transportation Average index.
−Removed: We believe that the S&P Transportation Select Industry is a more appropriate index as our outstanding performance-based restricted stock units (“PRSUs”) generally measure our performance compared to this index, of which we are a component.
12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24
$ 100.00 $ 149.56 $ 170.14 $ 116.05 $ 305.34 $ 457.19
−Removed: Dow Jones Transportation Average $ 100.00 $ 120.83 $ 140.80 $ 187.56 $ 154.62 $ 186.46
−Removed: S&P 400 MidCap $ 100.00 $ 126.20 $ 143.44 $ 178.95 $ 155.58 $ 181.15
S&P Transportation Select Industry $ 100.00 $ 112.07 $ 150.64 $ 108.44 $ 136.32 $ 143.20
+Added: S&P 400 MidCap $ 100.00 $ 113.66 $ 141.80 $ 123.28 $ 143.54 $ 163.54
Unregistered Sales of Equity Securities and Use of Proceeds
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.