Wabash ups allowable dividend payments, permits stock repurchase for loan agreement

By Sara Rosenberg

New York, Sept. 27 - Wabash National Corp. amended its loan and security agreement, increasing dividend payments per fiscal year to $20 million from $10 million and enabling the repurchase of up to $50 million in stock during the term of the agreement, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

Wabash is a Lafayette, Ind.-based designer, manufacturer and marketer of truck trailers and intermodal equipment.

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