Rush Enterprises Inc (RUSHA) News & EventsRUSHANews & EventsRush Enterprises Inc

Rush Enterprises Declares 3-for-2 Stock Split and $0.14 Cash Dividend per Share

The Company's Board of Directors declared a three-for-two stock split with respect to both the Company's Class A and Class B common stock. The stock split will be effected in the form of a stock dividend payable on August 31, 2026, to shareholders of record as of August 11, 2026. Holders of the Company's common stock will receive one additional share for each two shares of common stock held as of the record date. The stock split will increase the number of outstanding shares of Class A common stock from approximately 61,142,458 to approximately 91,713,687 and will increase the number of outstanding shares of Class B common stock from approximately 16,677,344 to approximately 25,016,016. Additionally, the Company's Board of Directors declared a cash dividend of $0.14 per share of Class A and Class B common stock, to be paid on September 24, 2026, to all shareholders of record as of September 9, 2026. "We remain dedicated to returning capital to our shareholders, and we are pleased to announce a post-stock split cash dividend of $0.14 per share. After the stock split, this represents a 10.5% increase in the quarterly cash dividend paid to our shareholders compared to the prior quarterly dividend and is our tenth increase since we announced our intent to begin paying a quarterly cash dividend in July 2018 as part of our capital allocation strategy," said W.M. "Rusty" Rush, Chairman, Chief Executive Officer and President of Rush Enterprises, Inc.

Rush Reports Q2 Revenue of $1.9B, Exceeding Expectations

Reports Q2 revenue $1.9B, consensus $1.89B. "I am proud of the results our team delivered during the second quarter. As I mentioned at the end of April, we believe the first quarter represented the trough of the extended industry downcycle, and during the second quarter we continued to see signs of gradual improvement in market conditions. While the recovery remains in its early stages, improving freight rates, improving customer sentiment, increased commercial vehicle quoting activity and significantly higher order intake all contributed to better business conditions as the quarter progressed," said Rush.

Rush Enterprises Dual Lists Common Stock on Nasdaq Texas

Rush Enterprises announced the dual listing of its common stock on Nasdaq Texas. The company will maintain its primary listing on the Nasdaq Global Select Market, and the dual listing will not affect investors' ability to buy or sell the company's common stock on the Nasdaq Global Select Market. The company expects the listing and trading of its common stock on Nasdaq Texas to commence on July 1.