Rush Enterprises adopts $150M repurchase program, repurchases $65.3M of Class B stock from CEO

RUSH ENTERPRISES INC \TX\

Board authorized new $150M stock repurchase program, replacing prior program; $84.7M remains after transaction.
Repurchased 1.5M shares of Class B Common from Chairman/CEO Rusty Rush at $43.56/share for $65.3M cash.
Mr. Rush sold 16.7% of his Class B holdings; post-transaction he owns 180,339 Class A and 7,493,809 Class B shares.
Sale partly used to repay ~$37M personal loan secured by Company shares; terms set by independent committee with advisors.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.