Arkansas Best Corp. Extends Stock Plan
by May 28, 2001 12:00 am 50 views
The board of directors for Fort Smith’s Arkansas Best Corp. on May 16 adopted an amendment to its Stockholder Rights Plan.
The amendment extends the plan — originally adopted in 1992 — through April 30, 2011.
The company has enjoyed a great rise in its stock since dipping to a 52-week low June 30, 2000, at $9.75 per share. It closed May 23 at $22.55 per share.