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SAN ANTONIO, Texas, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase, from time to time, up to an aggregate of $150 million of its shares of Class A common stock, $.01 par value per share, and/or Class B common stock, $.01 par value per share. “I am pleased to announce the approval of a new $150 million stock repurchase program,” said W.M. “Rusty” Rush, Chairman, Chief Executive Officer and President of the Company. “This announcement reflects our continued confidence in our ability to generate strong free cash flow despite challenging industry conditions, as our recent financial results have demonstrated,” Rush added. “The strategic investments we have made in recent years have substantially improved our quality of earnings and increased our earnings power in both the peaks and recent troughs in the commercial vehicle market. Our strategic focus on achieving a diversified customer base and focus on our “One Team” sales approach has also served us well, and we believe that our strong financial performance under recently challenging industry and market conditions will allow us to continue to invest in our growth strategy while also continuing to return capital to shareholders,” Rush stated. This new stock repurchase program replaces the Company’s prior $150 million stock repurchase program, $77.5 million of which was utilized through December 2, 2024. The prior stock repurchase program was scheduled to expire on December 31, 2024, and was terminated effective December 2, 2024. Repurchases under the new stock repurchase program will be made at times and in amounts as the Company deems appropriate and may be made through open market transactions at prevailing market prices, privately negotiated transactions or by other means in accordance with federal securities laws. The actual timing, number and value of repurchases under the new stock repurchase program will be determined by management in its discretion and will depend on a number of factors, including market conditions, stock price and other factors. The new stock repurchase program expires on December 31, 2025, and may be suspended or discontinued at any time. About Rush Enterprises, Inc. Rush Enterprises, Inc. is the premier solutions provider to the commercial vehicle industry. The Company owns and operates Rush Truck Centers, the largest network of commercial vehicle dealerships in North America, with more than 150 locations in 23 states and Ontario, Canada, including 124 franchised dealership locations. These vehicle centers, strategically located in high traffic areas on or near major highways throughout the United States and Ontario, Canada, represent truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, Dennis Eagle, IC Bus and Blue Bird. They offer an integrated approach to meeting customer needs – from sales of new and used vehicles to aftermarket parts, service and body shop operations plus financing, insurance, leasing and rental solutions. Rush Enterprises' operations also provide CNG fuel systems (through its investment in Cummins Clean Fuel Technologies, Inc.), telematics products and other vehicle technologies, as well as vehicle up-fitting, chrome accessories and tires. For more information, visit www.rushtruckcenters.com and www.rushenterprises.com on X @rushtruckcenter and Facebook.com/rushtruckcenters. Certain statements contained in this release and comments by management may include “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements only speak as of the date of this release and the Company assumes no obligation to update the information included in this release. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements due to a variety of factors, many of which are described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and our other filings with the U.S. Securities and Exchange Commission. Except for our ongoing obligations to disclose material information as required by the federal securities laws, we do not have any obligations or intention to release publicly any revisions to any forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events Contact: Rush Enterprises, Inc., San Antonio Steven L. Keller, 830-302-5226Global stocks end mostly up with DAX crossing 20,000 for 1st time

AP Sports SummaryBrief at 4:56 p.m. ESTThe education sector should be prioritized to develop the capacities of people with disabilities, said Vice-Senior General Soe Win. At the ceremony to mark the 2024 International Day of Persons with Disabilities held at the Myanmar International Convention Centre II in Nay Pyi Taw yesterday morning, Chairman of the National Committee on the Rights of the Persons with Disabilities Vice-Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win delivered a speech on the rights of the persons with disabilities. Speaking on the occasion, the Vice-Senior General noted that there are about 23,000 children with disabilities according to a 2016 study, and two in three children do not attend school and only 36 per cent can read and write. Therefore, special emphasis should be placed on the education sector for disabled people in the future. The government also arranges proper measures like creating opportunities at basic education schools for the disabled, vocational schools, adopting inclusive curricula and practices for disabled persons, teacher training for special education and providing required technologies and teaching aids for the disabled persons to get learning opportunities like others. He added that the theme of this year is “Amplifying the leadership of persons with disabilities for an inclusive and sustainable future”. Among 8,200 million of world population, 16 per cent, over 1,300 million, are with disabilities. The 2019 interim census of Myanmar shows 5.9 million representing 12.8 per cent of the country’s population are with disabilities. The government ratified the UNCRPD on 7 December 2011 and also enacted the Right of Persons with Disabilities Law (2015) and Rules (2017). Moreover, the country organized the National Committee on the Rights of Persons with Disabilities, and nine working committees and subcommittees to implement the rights of persons with disabilities. Similarly, the government also creates a non-obstacle environment for people with disabilities in public buildings and transport and adopts sign language in news broadcasting. Moreover, the honorary awards are also being presented for accessible tourism for people with disabilities every year in ceremonies marking the International Day of Persons with Disabilities. He continued that although the body of disabled people is not strong enough like others, proper measures must be arranged for them to participate in different sectors using their healthy body parts. Such actions can end the depression and feeling of insecurity of disabled people and can empower them to become reliable persons bringing benefits to the country. When disabled people can operate their vocational industries, they can receive integration in social and economic sectors, and become independent. Therefore, all should understand and accept them as they can do something even though they are disabled persons, and allow them to participate in organizations, servicing duties in making policies and decisions. Moreover, the classification of disabilities and registration process is being conducted in 21 townships, and 5,937 are registered to date. He then stressed the need to conduct rehearsals and education programmes for disabled persons regarding natural disasters, carry out actions under the laws, rules and regulations, and work together in line with the theme of this year. Then, the Vice-Senior General awarded the winners of article competitions marking the International Day of Persons with Disabilities. Moreover, the SAC members and Vice-Chair 1 of the National Committee on the Rights of Persons with Disabilities presented awards to the winners of different levels in different competitions. Next, the Vice-Senior General and party enjoyed the performance of the members of the Myanmar Federation of Persons with Disabilities and students of Kyimyindine School For the Blind and School For the Deaf (Yangon). The Vice-Senior General presented cash awards to the dance troupes. The Vice-Senior General also posed for a photo together with the attendees and observed the displayed books, handmade products and photo records. — MNA/KTZH

Liberty All-Star® Growth Fund, Inc. November 2024 Monthly UpdateThe Buffalo Sabres ranked among the NHL's most disappointing teams this season while sinking into the Eastern Conference cellar, but they might have established a turning point following a particularly dreadful stretch. Buffalo will shoot for a third straight win when it visits the St. Louis Blues on Sunday afternoon. The Sabres have won back-to-back games for the first time since posting three straight victories from Nov. 20-23. After that run, they suffered a 13-game winless streak (0-10-3) before beating the New York Islanders and Chicago Blackhawks by the combined score of 13-3. Alex Tuch powered Buffalo with his third career hat trick in the win over Chicago. "I think we know where we've been at and now, we'd like to turn the corner, turn the page and keep going in this direction," Sabres coach Lindy Ruff said. "I think the focus, we talked about the focus coming out of the Christmas break and you really don't know what you're going to get after three days off, but I think they just proved that they were ready to come out and play." Forward Jack Quinn helped pull Buffalo out of its slump. After scoring one goal in his first 24 games this season, he has scored four in his past five games. Ruff was encouraged by the chemistry Quinn formed with linemates Dylan Cozens and J.J Peterka. "You look at those lines and how they seem to be gaining a little bit of traction when it comes to plays up ice and spreading the zone out," Ruff said. "I know they gave us quite a few rush opportunities, which I thought we took advantage of, but it's great to get the scoring from where we're getting it." The Blues have also won their last two games. Before that, they struggled through a 1-3-2 stretch. St. Louis matched its goal total from its previous four games in a 7-4 home win over the Nashville Predators on Friday night. "We feel like it's been close," Blues defenseman Cam Fowler said. "Heading into the holiday break, I know the guys were a little disappointed we were having trouble scoring goals. We just knew if we stuck with it and continued to do the right things, things would turn around." Robert Thomas scored St. Louis's first power-play goal since Dec. 10 on Friday. That breakthrough came after coach Jim Montgomery moved Thomas, the team's top center, from the flank to beside the net in the top unit's formation. "It's not too different," Thomas said before Friday's game. "We haven't scored (on the power play) in the last seven games, so we need to change something. It's been frustrating." Montgomery liked how his team quickly found its game after coming back from a three-day holiday break. "I thought the speed of the game was good," Montgomery said. "I thought our habits and details, which are what you're looking for after a three-day break like that, that we just keep getting better and I thought we did. "I thought our checking skills got better, I thought we started hanging onto pucks more and I thought our passing was pretty good all night." ; This article first appeared on Field Level Media and was syndicated with permission.

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The Benazir Income Support Programme (BISP) stands as a powerful testament to Pakistan’s commitment to social justice and social protection. The very idea of social safety programme was conceived by ex-Prime Minister of Pakistan Mohtarma Shaheed Benazir Bhutto during her time in exile, the idea aimed to provide economic relief to the country’s most vulnerable population, particularly women, who often bore the brunt of socio-economic inequities. After her unfortunate assassination, Pakistan People’s Party-led Federal Government launched BISP in 2008 and her vision was transformed into reality under the leadership of President Asif Ali Zardari. Today, BISP through quarterly cash grant supports 9.6 million households, a number set to increase to 10 million by June 2025, becoming Pakistan’s largest and most influential social protection programme. This ambitious programme, designed to offer direct financial assistance to the poorest families through Benazir Kafalat programme, has been particularly transformative for women, positioning them as heads of their households in a country where women have historically been sidelined in economic, social, and political decision-making. From providing cash transfers and promoting maternal and child health through programmes like Benazir Nashonuma, to investing in education with the Benazir Taleemi Wazaif initiative, and now implementing a skill development programme to ensure poverty graduation through global employability of beneficiaries & their families, BISP continues to break barriers, offering financial inclusion and social empowerment to millions across Pakistan A journey of learning and leading Once a learner, BISP now stands as a leader in global social protection, setting an example for developing countries to follow. For years, BISP has looked beyond its borders to draw lessons from international models of social protection, adapting and refining its own initiatives. But in a remarkable turn of events, developing countries from across the globe are now visiting Pakistan to study BISP’s practices, which have gained recognition worldwide for their success in empowering marginalized populations. Recently in October, 2024, a 21-member Ugandan delegation, led by Lucy Nakyobe Mbonye, Secretary of Public Service, paid four-day study visit to the Benazir Income Support Programme (BISP). While briefing the delegates, Dr. Tahir Noor, Additional Secretary BISP, attributed BISP’s success to its scientific, and objective targeting, technology based payment mechanisms, the trust of international development partners, and independent third-party monitoring. Ms. Coco Ushiyama, Country Director of the World Food Programme, also commended BISP’s evidence-based database and its role in providing timely assistance during natural disasters. This shift represents a significant milestone not only for BISP but also for Pakistan’s growing influence in the global development sector. At the South-South Cooperation Forum held in Islamabad on November 14, 2024, Pakistan’s success story was showcased as a model for social protection systems across the globe. Representatives from West African nations, including Mali, Niger, Burkina Faso, and Senegal, gathered in Islamabad to learn firsthand from Pakistan’s pioneering work in social welfare. Delegates were particularly impressed by BISP’s ability to integrate women into the economic mainstream, a critical step toward achieving long-term social and economic stability. “Today, we are not just learning from others; we are teaching others,” said Secretary BISP Amer Ali Ahmad during his address at the event. He proudly highlighted BISP’s transformation over the years—from a fledgling initiative in 2008 to a globally recognized model of inclusive social protection. The programme’s emphasis on empowering women through direct cash transfers, health and nutrition programmes, and educational incentives has not only supported millions of under-privileged but has also set a new standard for how social welfare can contribute in generating socioeconomic activities in less developed areas as major part of BISP Rs 598 billion budget is pumped into local economy through these quarterly cash grants to more than 9.6 million families across the country. BISP’s global impact: a beacon for social protection The South-South Cooperation forum, which brought together global development partners such as the World Food Programme, World Bank, UNICEF, KfW, GIZ and the Asian Development Bank (ADB), was recognition of the profound impact BISP has had, not just within Pakistan but across the world. The participating countries, each grappling with their own poverty and development challenges, came to Pakistan seeking solutions that could be adapted and implemented in their respective contexts. The delegation from Mali, led by Redouwane Mohamed Ali, Minister of Food Security, praised Pakistan for its robust social safety net, particularly BISP’s ability to deliver aid efficiently through its innovative payment mechanisms, such as biometric verification, mobile banking, and dynamic data registry mechanism. BISP’s cutting-edge approach to cash transfers has streamlined the process, combating corruption and ensuring that the right individuals benefit from the programme. BISP has advanced its digital payment systems by introducing biometric-enabled transactions in collaboration with six banks, improving security, transparency, and access for beneficiaries. Additionally, a pilot savings scheme offers a 40% quarterly bonus to encourage a culture of saving amongst these vulnerable segments of society. The future plan of BISP to phase out POS agents will empower women to independently access their social security funds, enhancing their financial autonomy. Similarly, Amedee Bamouni, Secretary of the National Council for Social Protection of Burkina Faso, commended BISP’s dynamic registry centers and national socio-economic database, which track the financial status of beneficiaries, ensuring that aid reaches the most deserving families. He emphasized how BISP’s transparent systems and use of technology could serve as a valuable blueprint for social protection programmes in Burkina Faso and other countries facing similar challenges. In addition to financial transfers, BISP’s focus on maternal, newborn, and child health (MNCH) was another key area of interest for the visiting delegates. The Benazir Nashonuma Programme, which provides cash incentives linked to health and nutrition outcomes, has helped combat malnutrition and stunting among new born children and has improved health of mothers, particularly in rural areas. BISP has allocated PKR 42 billion (approx. USD 144 million) to the Program, benefiting 2.6 million pregnant and lactating women, contributing to better maternal and infant health outcomes. This programme’s success, supported by the World Food Programme (WFP), has demonstrated how integrating health and nutrition with cash transfers can lead to long-term improvements in the health of entire communities. A vision for the future: expanding global cooperation As Pakistan continues to advance its social protection agenda, the importance of global collaboration cannot be overstated. The South-South Cooperation forum marks the beginning of a new chapter in Pakistan’s social welfare journey, one that involves sharing lessons learned with other developing nations while also learning from their unique challenges and solutions. The exchange of knowledge between Pakistan and West African countries promises to deepen the understanding of how social protection systems can be tailored to the needs of local populations, addressing challenges like poverty, malnutrition, and gender inequality. Through mutual cooperation, countries can build stronger, more resilient social safety nets that lift people out of poverty and empower them to contribute to their countries’ economic development. As Senator Rubina Khalid, Chairperson of BISP, aptly put it during the forum: “The success of BISP is not only a significant achievement for Pakistan, but it has also brought in international recognition as a model of effective social protection. It is a moment of immense pride for our nation to witness our social protection program being studied and admired by countries worldwide. I am delighted to see the vision of Benazir Bhutto Shaheed transforming into a tangible reality, now celebrated on the global stage. This is a testament to how visionary leadership can shape the priorities of a nation. BISP has become a flagship programme and a case study for many countries striving to establish their own social protection systems.“ The Recognition of BISP as a model for social protection is a testament to Pakistan’s ability to create meaningful change at both the national and international levels, BISP is not just shaping Pakistan’s future but also contributing to UNDP global goals of No Poverty, Zero Hunger, Good Health, Gender Equality, Decent Work and Economic Growth & Reduced Inequalities for a more inclusive Pakistan. Copyright Business Recorder, 2024None

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