Rush Enterprises, Inc. (NASDAQ:RUSHA) – Rush Enterprises Plans $100M Inventory Buyback

  • Rush Enterprises Inc (NASDAQ: RUSHA) introduced that its Board of Administrators accepted a brand new inventory repurchase program as much as an combination of $100 million of its shares.
  • The brand new inventory repurchase program replaces the prior $100 million inventory repurchase program. 
  • As of November 29, 2021, the corporate had repurchased $30.7 million price of shares of its widespread inventory underneath the prior program.
  • The brand new inventory repurchase program expires on December 31, 2022.
  • Rush held $259.7 million in money and equivalents as of September 30, 2021.
  • Value Motion: RUSHA shares closed decrease by 3.39% at $50.96 on Tuesday.

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