HOUSTON, Sept. 28 /PRNewswire/ -- Eagle USA Airfreight, Inc.
(Nasdaq: EUSA), today announced that its Board of Directors has authorized the
Company to repurchase up to 500,000 shares of its outstanding common stock.
Eagle USA expects such repurchases to be effected from time to time, in the
open market or in private transactions, subject to market conditions. The
Board of Directors may authorize additional repurchases of its outstanding
common stock in the future.
Eagle USA Airfreight's dedication to providing superior flexibility and
fewer shipping restrictions on a price competitive basis has made it a leading
provider of airfreight forwarding and other transportation and logistics
services. Its network of 70 terminals features state-of-the-art information
systems to maximize cargo management efficiency and customer satisfaction.
The Company's shares are traded on the Nasdaq National Market under the symbol
"EUSA".
SOURCE Eagle USA Airfreight, Inc.
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Related links:
http://www.eagleusa.com
CONTACT:
Douglas A. Seckel, Chief Financial Officer,
281-618-3420, or Mike Slaughter, Investor Relations,
281-618-3428, or e-mail, mslaught@eagleusa.com, both of Eagle USA
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