Equity	12 Months Ended
Dec. 26, 2020
Equity	(11) Equity On December 9, 2019, the Landstar System, Inc. Board of Directors authorized the Company to purchase up to 1,849,068 additional shares of the Company’s Common Stock from time to time in the open market and in privately negotiated transactions. As of December 26, 2020, the Company had authorization to purchase in the aggregate up to 1,821,030 shares of its Common Stock under this program. No specific expiration date has been assigned to the December 9, 2019 authorization. During fiscal year 2020, Landstar purchased a total of 1,178,970 shares of its Common Stock at a total cost of $115,962,000 pursuant to its previously announced stock purchase programs. The Company has 2,000,000 shares of preferred stock authorized and unissued.

Equity

12 Months Ended

Dec. 26, 2020

(11) Equity

On December 9, 2019, the Landstar System, Inc. Board of Directors authorized the Company to purchase up to 1,849,068

additional

shares of the Company’s Common Stock from time to time in the open market and in privately negotiated transactions. As of December 26, 2020, the Company had authorization to purchase in the aggregate up to 1,821,030 shares of its Common Stock under this program. No specific expiration date has been assigned to the December 9, 2019 authorization. During fiscal year 2020, Landstar purchased a total of 1,178,970 shares of its Common Stock at a total cost of $115,962,000 pursuant to its previously announced stock purchase programs.

The Company has 2,000,000 shares of preferred stock authorized and unissued.