Company: PAMT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033356
Chunk: 15

Company: PAMT CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 15
---
charges, by geographic area:

       Three Months Ended September 30,    Nine Months Ended September 30,  
   2025    2024    2025    2024  
   Amount    %    Amount    %    Amount    %    Amount    %  
   (in thousands, except percentage data)  
                                 
 United States - domestic shipments  $82,919   55.2  $111,031   60.8  $250,925   54.9  $347,748   63.4 
 Shipments to or from Mexico  $67,062   44.6  $71,287   39.0  $204,838   44.9  $199,496   36.4 
 Shipments to or from Canada  $283   0.2  $259   0.2  $977   0.2  $872   0.2 
 Total  $150,264   100.0  $182,577   100.0  $456,740   100.0  $548,116   100.0 

       10

   NOTE G: TREASURY STOCK
   The Company’s stock repurchase program has been extended and expanded several times, most recently in  July 2023, when the Board of Directors reauthorized 500,000 shares of common stock for repurchase under the initial  September 2011 authorization. As of  September 30, 2025, there remain 474,016 shares of common stock authorized for repurchase under this plan.
    
   On  April 3, 2025, the Company commenced a tender offer to repurchase up to 435,000 shares of the Company’s outstanding common stock at a price of not greater than $17.00 nor less than $14.00 per share. On  April 11, 2025, the Company amended the terms of the tender offer to increase the minimum purchase price for shares purchased in the tender offer to $14.50 per share. Following the expiration of the tender offer on  May 1, 2025, the Company accepted 870,000 shares of its common stock for purchase at $17.00 per share, at an