Pacer Sets $60 Million Stock Buyback Program
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Pacer is ranked No. 16 the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.
ransportation and third-party logistics firm Pacer International said Monday that its board of directors authorized the purchase of up to $60 million of the company’s common stock.
The authorization ends on June 15, 2008.
Pacer “intends to make purchases from time to time as market conditions warrant,” it said in a statement.
