- Rush Enterprises Inc RUSHA announced that its Board of Directors approved a new stock repurchase program up to an aggregate of $100 million of its shares.
- The new stock repurchase program replaces the prior $100 million stock repurchase program.
- As of November 29, 2021, the company had repurchased $30.7 million worth of shares of its common stock under the prior program.
- The new stock repurchase program expires on December 31, 2022.
- Rush held $259.7 million in cash and equivalents as of September 30, 2021.
- Price Action: RUSHA shares closed lower by 3.39% at $50.96 on Tuesday.
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