Celadon Completes Share Repurchase; Sets New Plan

Truckload carrier Celadon Group said Wednesday it has completed the two million share stock repurchase program authorized by its board in late October.

Celadon also said its board has authorized a second stock repurchase program, for up to an additional two million shares.

As with the October approval, the shares may be purchased in open market or negotiated transactions through Dec. 3, 2008, the carrier said.

Celadon is ranked No. 56 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.