Rush Enterprises (RUSHA) Adopts $150 Million Stock Repurchase Program

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Rush Enterprises, Inc. Adopts $150 Million Stock Repurchase Program

December 3, 2024 4:45 PM UTC

SAN ANTONIO, Texas, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase, from time to time, up to an aggregate of $150 million of its shares of Class A common stock, $.01 par value per share, and/or Class B common stock, $.01 par value per share.

I am pleased to announce the approval of a new $150 million stock repurchase program, said W.M. Rusty Rush, Chairman, Chief Executive Officer... More