Quality Distribution authorizes stock repurchase
Posted on November 21, 2012 at 10:25 AM EST
Tampa-based trucking company Quality Distribution Inc. (NASDAQ: QLTY) today announced that its board has authorized the repurchase of up to $15 million of common stock. Under the program, repurchases may be made in the open market, or through privately negotiated transactions, block transactions, or other mechanisms, as determined by the company and U.S. Securities and Exchange Commission requirements. “Today's announcement underscores the confidence that the board and management team have in…