other material
confidence high
sentiment neutral
materiality 0.40
P.A.M. Transportation retires 12.3M treasury shares, declares 2-for-1 stock split
PAMT CORP
- Board approved immediate retirement of approximately 12.3 million treasury shares.
- 2-for-1 forward stock split declared as 100% stock dividend; payable March 29, 2022 to holders of record March 18, 2022.
- Outstanding shares to increase from ~11.1M to ~22.2M after split; split-adjusted trading begins March 30, 2022.