Rush Enterprises adopts new $150M stock repurchase program, replaces prior plan

RUSH ENTERPRISES INC \TX\

Board approved new $150M repurchase program for Class A & B common stock, effective Dec 3, 2024, expiring Dec 31, 2025.
Prior $150M program terminated Dec 2, 2024; $77.5M had been utilized under that plan.
CEO cites strong free cash flow and confidence in earnings power despite challenging industry conditions.
Repurchases may be open market or private transactions; timing and amount depend on market conditions.

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