Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: The Company’s stock repurchase program has been extended and expanded several times, most recently in April 2017, when the Board of Directors reauthorized 500,000 shares of common stock for repurchase under the initial September 2011 authorization.
−Removed: Since the reauthorization, the Company has repurchased 347,341 shares of its common stock under this repurchase program.
−Removed: On July 27, 2021, the Company commenced a tender offer to repurchase up to 200,000 shares of the Company’s outstanding common stock at a price of not greater than $37.00 nor less than $32.00 per share.
−Removed: Following the expiration of the tender offer on August 31, 2021, the Company accepted 272,405 shares, including 72,405 oversubscribed shares tendered, of its common stock for purchase at $37.00 per share, at an aggregate purchase price of approximately $10.1 million, excluding fees and expenses related to the offer.
−Removed: The Company funded the purchase of the accepted shares tendered with available cash and accounted for the repurchase of these shares as treasury stock on the Company’s condensed consolidated balance sheet as of September 30, 2021.
−Removed: The following table summarizes the Company’s common stock repurchases during the third quarter of 2021.
−Removed: No shares were purchased during the quarter other than through this program or through the 2021 tender offer, and all purchases were made by or on behalf of the Company and not by any “affiliated purchaser.”
+Added: The Company’s stock repurchase program has been extended and expanded several times, most recently in November 2021, when the Board of Directors reauthorized 500,000 shares of common stock for repurchase under the initial September 2011 authorization.
+Added: Since the reauthorization, the Company has repurchased 83,220 stock-split adjusted shares (41,610 shares, prior to the stock-split) of its common stock under this repurchase program.
+Added: The following table summarizes the Company’s common stock repurchases during the first quarter of 2022.
+Added: No shares were purchased during the quarter other than through this program, and all purchases were made by or on behalf of the Company and not by any “affiliated purchaser.”
Issuer Purchases of Equity Securities
2 unchanged sentences
as part of publicly
−Removed: announced plans
+Added: announced plans or
Maximum number
2 unchanged sentences
under the plans or
−Removed: programs 
−Removed: July 1-31, 2021
−Removed: August 1-31, 2021
−Removed: September 1-30, 2021
+Added: January 1-31, 2022
+Added: February 1-28, 2022
+Added: March 1-31, 2022
The Company’s stock repurchase program does not have an expiration date.
−Removed: Consists of shares purchased pursuant to the 2021 tender offer.
+Added: The purchase of 41,610 shares was made prior to the 2022 2-for-1 forward stock-split.
+Added: A stock-split adjusted 83,220 shares are reflected in this schedule, but only 41,610 shares were deducted from the share repurchase authorization.
Exhibit Number
19 unchanged sentences
TRANSPORTATION SERVICES, INC.
−Removed: November 5, 2021
/s/ Joseph A.
1 unchanged sentence
(principal executive officer)
−Removed: November 5, 2021
Vice President-Finance, Chief Financial
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.