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PTSI Announces Stock Repurchase Program

Date : 11/24/2010 @ 6:30PM
Source : GlobeNewswire Inc.
Stock : P.A.M. Transportation Services, Inc. (MM) (PTSI)
Quote : 33.75  -0.6199 (-1.80%) @ 5:10PM
P.A.M. Transportation Services, Inc. (MM) share price Chart

PTSI Announces Stock Repurchase Program

P.A.M. Transportation Services, Inc. (MM) (NASDAQ:PTSI)
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P.A.M. Transportation Services, Inc. (Nasdaq:PTSI) announced today the Board of Directors has authorized the Company to repurchase up to 500,000 shares of the Company's common stock from time to time during the next twelve months. Under the stock repurchase program, shares may be purchased in open market or privately negotiated transactions, subject to market conditions, share price and other considerations.

P.A.M. Transportation Services, Inc. is a leading truckload dry van carrier transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Company also provides transportation services in Mexico through its gateways in Laredo and El Paso, Texas under agreements with Mexican carriers.

The PAM Transportation Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5148

CONTACT:  P.A.M. Transportation Services, Inc.
          Dan Cushman
          (479) 361-9111

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