P.A.M. Transportation Services (PTSI) Reauthorized 500K Share Buyback

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Go back to P.A.M. Transportation Services (PTSI) Reauthorized 500K Share Buyback

P.A.M. Transportation Services, Inc. Announces Reauthorization of Share Repurchase Program

November 5, 2021 3:36 PM EDT

TONTITOWN, AR / ACCESSWIRE / November 5, 2021 / P.A.M. Transportation Services, Inc. (NASDAQ: PTSI), a transportation and logistics provider, today announced that its Board of Directors has approved, effective immediately, a reauthorization to repurchase up to 500,000 shares of the Company's common stock. The Company's stock repurchase program has been extended and expanded several times since the original authorization in 2011, and this reauthorization acts as a replenishment of shares under the repurchase program.

"This reauthorization provides PAM with a valuable option when deciding how to best allocate capital and demonstrates the Board's confidence... More