Rush Enterprises, Inc. (NASDAQ:RUSHA) Files An 8-K Other EventsItem 8.01 Other Events.
On October 31, 2018, Rush Enterprises, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors approved a new stock repurchase program authorizing the Company to repurchase 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. The new stock repurchase program replaces the Company’s previous $75 million stock repurchase program that was terminated effective October 31, 2018.
A copy of the press release announcing the new stock repurchase program is attached to this report as Exhibit 99.1 and is incorporated by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.Description
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99.1 Rush Enterprises, Inc. press release dated October 31, 2018. |
RUSH ENTERPRISES INC TX ExhibitEX-99.1 2 ex_127193.htm EXHIBIT 99.1 ex_127193.htm Exhibit 99.1 Contact: Rush Enterprises,…To view the full exhibit click here
About Rush Enterprises, Inc. (NASDAQ:RUSHA)
Rush Enterprises, Inc. is a retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. The Company, through its Rush Truck Centers, offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus or Blue Bird. At its Rush Truck Centers, the Company offers third party financing to assist customers in purchasing new and used commercial vehicles. Additionally, the Company sells, as agent through its insurance agency, a line of property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance and credit life insurance.
