PAMT (PAMT) said Friday it was raising the lower end of its previously announced tender offer range to a minimum of $14.50 to buy back up to 435,000 shares, up from $14 apiece previously.
The company's offer has a ceiling of $17, which remains unchanged.
Any share tendered below $14.50 will be deemed to have been tendered at the floor price, PAMT said.
The offer will last until May 1 and see the company buy back about 2% of its outstanding common stock if fully tendered.
PAMT shares were up nearly 4% in recent trading.
Price: 13.72, Change: +0.49, Percent Change: +3.70
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。