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Kirby (KEX) Reaches 52-Week High: What's Aiding the Stock?
KEXKirby(KEX) zacks.com·2024-05-24 02:21

Shares of Kirby Corporation (KEX) scaled a 52-week high of $123.06 in the trading session on May 22, 2024, before closing a tad lower at $122.16. The company's shares gained 55.6% so far this year, steadily outperforming the 23.6% rise of the industry it belongs to. Let's find out the factors supporting the uptick. Kirby's consistent measures to reward its shareholders through share buybacks are appreciative. In 2022, Kirby repurchased 0.4 million shares for $22.9 million. During 2023, Kirby repurchased 1,4 ...