FreightCar America adopts new stockholder rights plan
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The Board of Directors of FreightCar America, Inc. Adopts a Limited Duration Stockholder Rights Plan
August 5, 2026 4:15 PM EDTCHICAGO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (the Company or FreightCar) announced today that its Board of Directors (the Board) has adopted a limited duration stockholder rights plan (the Rights Plan) to protect the best interests of all FreightCar America, Inc. stockholders. The Rights Plan is intended to replace the Companys existing limited duration rights plan, which expires on August 5, 2026.
Our Board of Directors and management believe strongly in the direction of the company and its prospects for long-term value creation. Following an analysis of our current position, the Board determined it was... More
