Mon09162019

Robins Global News & Noticias



  • Gaming Chair Review
    Gaming Chair Review
  • Writing Service Review
    Writing Service Review
  • Youtube Marketing Guide
    Youtube Marketing Guide
  • Slot Game Review
    Slot Game Review
  • Download TV Series
    Download TV Series
  • All Elite Wrestling
    All Elite Wrestling

RobinsPost News Network

+ Larger Font | + Smaller Font

Globe NewsWire News Distribution Service

Press Release: P.A.M. Transportation Services, Inc. Announces Preliminary Results of its Self Tender Offer


TONTITOWN, Ark., June 12, 2019 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company” or “PTSI”) today announced the preliminary results of its modified “Dutch auction” tender offer to repurchase up to 200,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Tuesday, June 11, 2019.  
Based on the preliminary count by Computershare Trust Company, N.A. (“Computershare”), the depositary for the tender offer, approximately 192,743 shares were properly tendered and not properly withdrawn at or below the expected final purchase price of $60.00 per share, including shares that were tendered through notices of guaranteed delivery.In accordance with the terms and conditions of the tender offer, the Company expects to acquire 192,743 shares at a final purchase price of $60.00 per share, for an aggregate purchase price of approximately $11.6 million.  These shares represent approximately 3.2% of the Company’s issued and outstanding shares as of May 10, 2019.  The total amount of shares expected to be purchased in the tender offer includes a total of 40,000 shares tendered by the President, Chief Executive Officer and director of the Company, Mr. Daniel H. Cushman, and a total of 15,000 shares tendered by Mr. W. Scott Davis, a director of the Company.  The determination of the final number of shares to be purchased and the final price per share is subject to confirmation by Computershare of the proper delivery of the shares validly tendered and not withdrawn. The number of shares to be purchased and the price per share are preliminary and are subject to verification by Computershare and subject to change for a number of reasons, including if some or all of the shares tendered through notices of guaranteed delivery are not delivered within the applicable two trading day settlement period.  The actual number of shares to be purchased and the final price per share will be announced following the expiration of the guaranteed delivery period and completion of the confirmation process by Computershare, and are not expected to be announced until at least June 14, 2019.  Promptly after such announcement, Computershare will issue payment for the shares validly tendered and accepted for payment under the tender offer and will return shares tendered and not purchased in the tender offer.The Company may purchase additional shares in the future in the open market subject to market conditions and through private transactions, tender offers or otherwise.  Under applicable securities laws, however, the Company may not repurchase any shares until June 26, 2019.  Whether the Company makes additional r...


Posted: 2019-06-12 18:07:00

Get Full News Story On GlobeNewsWire Press Release Service


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.


Print Friendly and PDF Share Embed


Related News Stories From The Web And More

Related Bing News

Press Release: P.A.M. Transportation Services, Inc. Announces Preliminary Results of its Self Tender Offer | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

Liberty Global Announces Preliminary Results of Modified Dutch Auction Tender Offers

Tue, 10 Sep 2019 14:40:00 GMT

Liberty Global plc (NASDAQ: LBTYA, LBTYB and LBTYK) (“Liberty Global,” the “Company,” “our” or “we”) today announced the preliminary results ... for the tender offer is Innisfree ...

Twin River Announces Preliminary Results Of Tender Offer

Sun, 01 Sep 2019 21:03:00 GMT

Before it's here, it's on the Bloomberg Terminal.

DaVita Announces Preliminary Results Of Self-Tender Offer

Mon, 19 Aug 2019 04:14:00 GMT

DENVER, Aug. 19, 2019 /PRNewswire/ -- DAVITA INC. (NYSE:DVA), "DaVita," a Fortune 500 ® health care provider focused on transforming care delivery to improve quality of life for patients around the ...

DaVita reports preliminary results of self-tender offer

Mon, 19 Aug 2019 03:53:00 GMT

DaVita (NYSE:DVA) announces preliminary results of its modified "Dutch auction" tender offer for up to $1.2B of its common stock. A total of 21,969,132 common shares were validly tendered and not ...

DaVita Announces Preliminary Results Of Self-Tender Offer

Mon, 19 Aug 2019 03:35:00 GMT

DENVER, Aug. 19, 2019 /PRNewswire/ -- DAVITA INC. (NYSE: DVA), "DaVita," a Fortune 500 ® health care provider focused on transforming care delivery to improve quality of life for patients around the ...

Related News Story Videos From Youtube

LIVE: Opening Day of 116th Congress - House of Representatives (C-SPAN)


Related Videos On: LIVE: Opening Day of 116th Congress - House of Representatives (C-SPAN)


Alabama Senate abortion bill debate, vote


Related Videos On: Alabama Senate abortion bill debate, vote


CFTC Commissioner Behnam Announces Upcoming MRAC Public Meeting on July 12, 2018


Related Videos On: CFTC Commissioner Behnam Announces Upcoming MRAC Public Meeting on July 12, 2018


Lecture—Recent Discoveries at Sardis: From the Bronze Age to the End of Antiquity


Related Videos On: Lecture—Recent Discoveries at Sardis: From the Bronze Age to the End of Antiquity


Tamiya Asia Cup Singapore Finals 2019 - Day 2 Qualifying


Related Videos On: Tamiya Asia Cup Singapore Finals 2019 - Day 2 Qualifying







Blow Us A Whistle

Comments (Whistles) Designed By Disqus




Company Information

Official Content Providers











PRIVACY POLICY

We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
© 2008-2019 RobinsPost (The Bird's Eye View Company) All rights are reserved.
RobinsPost provides links to news sites based on their RSS feeds.
All trademarks, copyrights, videos, photos and logos are owned by news sources.
News stories, videos and live streams are from trusted sources:
Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
ROBINSPOST Is Proudly Made In America.
Where Quality, Safety and Service Comes First.