Form 10-Q · Quarterly report
CSX Corporation 10-Q, filed Oct 21, 2026
- Filed
- CIK
- 0000277948
- Accession no.
- 0000277948-26-000040
Summary
CSX Corporation filed its Form 10-Q for the third quarter of 2026, reporting that its disclosure controls and procedures were effective as of September 30, 2026, and that there were no material changes in market risk or in internal controls over financial reporting during the quarter. CSX repurchased 11,143,489 shares during the third quarter at an average price of $48.75, leaving $5.2 billion of remaining authority under its share repurchase programs, including a $5 billion incremental authorization approved by its board in May 2026.
Key points
- CSX's CEO and CFO concluded disclosure controls and procedures were effective at the reasonable assurance level as of September 30, 2026.
- No material changes in market risk from the most recent Form 10-K, and no changes in internal controls over financial reporting in Q3 2026.
- Third-quarter repurchases totaled 11,143,489 shares at an average price of $48.75, ending with $5,161,361,994 of remaining buyback authority.
- No CSX director or officer adopted or terminated a Rule 10b5-1 trading arrangement during the third quarter of 2026.
- CSX will use a $1 million threshold for disclosing certain environmental legal proceedings involving potential monetary sanctions.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS •labor and benefit costs and labor difficulties, including stoppages affecting either the Company's operations or customers' ability to deliver goods to the Company for shipment; •the Company's success in implementing its strategic, financial and operational initiatives, including, but not limited to, acquisitions; •the impact of conditions in the real estate market on the Company's ability to sell assets; •changes in operating conditions and costs, including the impacts of inflation, or commodity concentrations; …
An excerpt of the text as filed with the SEC, cut for length.
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