Trailer Bridge to spend $2m on shares and bonds

Rajesh Joshi - Tuesday 29 December 2009

TRAILER Bridge, the Jones Act liner and inland logistics company, will spend up to $2m on share and bond repurchases during 2010.
The Nasdaq-listed company said today that its board had authorised the repurchase of up to $1m of its common stock, and up to $1m of its 9.3% notes.
The fresh authorisations come in the wake of a $1.5m repurchase of 9.3%...

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