Ryder 2022 Investor Day
Capital Allocation Focused on Shareholder Returns
•
Invest in Organic Growth
Base fleet reinvestment
Replacement capital $1.9B -$2.2B, offset
by used vehicle proceeds $0.7B+
•
Pursue Targeted
Acquisitions/Investments
New services and capabilities
primarily in SCS
-
Higher pricing/returns
•
Moderate fleet growth
Growth capital $0.4B - $0.7B
• Accelerate growth in higher return supply
chain and dedicated
•
Innovative technology
•
•
Accretive tuck-in acquisitions
•
Disruptive trends
•
.
Return Capital to Shareholders
$2.1B+ in cash returned to shareholders
(2008 - 2021)
Uninterrupted quarterly dividend payments
for more than 45 years; 8% annual dividend
growth since 2008
Share repurchases
-
$300M ASR program (expect to complete by
Oct 2022)
2.0M share discretionary program
2.5M share anti-dilutive program
Disciplined Capital Allocation Drives Strong Value Creation
SUPPLY CHAIN | DEDICATED TRANSPORTATION | FLEET MANAGEMENT SOLUTIONS
Ryder
RYDER 2022 INVESTOR DAY
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