J.B. Hunt Transport Services Announces Payment of Dividend and Share Repurchase of Additional $500M

J.B. Hunt Transport Services, Inc.

announced today that its Board of Directors has declared the regular quarterly dividend on its common stock of $.13 (thirteen cents) per common share, payable to stockholders of record on November 21, 2011. The dividend will be paid on December 1, 2011. Also, today the Board of Directors adopted a new repurchase program authorizing the repurchase of an additional $500 million of the Company's common stock. On April 28, 2010, the Board of Directors authorized the repurchase of up to $500 million of the Company's common stock of which approximately $3 million remains. The Company will complete the 2010 authorization and then begin repurchasing stock under the newly authorized program.