P.a.m. transportation services, inc. commences self tender offer to purchase up to 550,000 shares

Tontitown, ark.--(business wire)--p.a.m. transportation services, inc. (nasdaq: ptsi) (the “company”) today announced the commencement of a modified “dutch auction” tender offer to purchase up to 550,000 shares, or about 2.5%, of its outstanding common stock at a price of not less than $15.50 and not more than $18.00 per share. the tender offer will expire at 5:00 p.m., eastern time, on may 22, 2024, unless extended or withdrawn. the company anticipates paying for the shares tendered in the off.
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