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PAMT CORP Commences Self Tender Offer to Purchase up to 435,000 Shares

1. PAMT Corp announces a tender offer for 435,000 shares at $14.00 to $17.00. 2. The offer will expire on May 1, 2025, unless extended.

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Why Bullish?

The tender offer suggests strong management confidence in cash position and future prospects. Historical tender offers often lead to increased shareholder value and positive stock price adjustments.

How important is it?

The tender offer directly impacts shareholder returns and signals robust financial health, making it significant for PAMT's valuation.

Why Long Term?

The tender offer may strengthen the stock's value over time as it reflects confidence and can reduce share supply, benefiting shareholder wealth.

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TONTITOWN, Ark.--(BUSINESS WIRE)--PAMT CORP (NASDAQ: PAMT) (the “Company”) today announced the commencement of a modified “Dutch auction” tender offer to purchase up to 435,000 shares, or about 2.0%, of its outstanding common stock at a price of not less than $14.00 and not more than $17.00 per share. The tender offer will expire at 5:00 p.m., Eastern Time, on May 1, 2025, unless extended or withdrawn. The Company anticipates paying for the shares tendered in the offer from its available cash a.

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