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The plan authorizes the company to repurchase ordinary shares worth up to 50 million US dollars on the open market. This move aims to optimize the company's capital structure and enhance shareholder value. The repurchase plan will be executed flexibly based on factors such as market conditions, share price levels, and the company's liquidity needs. Company management stated that this action reflects the board of directors’ confidence in the company’s long-term development prospects and their ongoing focus on capital allocation strategies. The specific timing and scale of the stock repurchase plan will be determined at the discretion of management and may be suspended or terminated at any time. The company plans to fund the repurchase through existing cash balances.

The company also announced that it has reached a settlement agreement with Pentwater Capital Management.

The purpose of this agreement is to provide funding support for the company's wholesale business. This revision may involve adjustments to loan terms, credit limits, or durations to adapt to the changing market environment and business needs. As a leading enterprise in the commercial vehicle sales and service sector, Rush Enterprises optimizes its capital structure through such financing arrangements, ensuring sufficient operational capital to maintain its competitive edge and sustain continuous growth within the industry.