ArcBest Corporation(SM) Increases Its Quarterly Dividend To $0.08/Share and Extends Its Share Repurchase Program

FORT SMITH, Ark., Oct. 22, 2015 /PRNewswire/ -- ArcBest Corporation^SM ARCB announced an increase in its quarterly cash dividend to eight cents ($0.08) per share.  Previously, ArcBest's quarterly cash dividend was six cents ($0.06) per share.

The ArcBest board of directors declared a quarterly cash dividend of eight cents ($0.08) per share to holders of record of its Common Stock, $0.01 par value, on November 5, 2015, payable on November 19, 2015.

ArcBest also announced that its board of directors has extended its share repurchase program, making a total of $50.0 million available for purchases of ArcBest's Common Stock.

About ArcBest

ArcBest Corporation^sm ARCB solves complex logistics and transportation challenges. Our companies and brands – ABF Freight^sm, ABF Logistics^sm, Panther Premium Logistics^®, FleetNet America^®, U-Pack^® and ArcBest Technologies – apply the skill and the will with every shipment and supply chain solution, household move or vehicle repair. ArcBest finds a way.

For more information, visit arcb.com, abf.com, pantherpremium.com, fleetnetamerica.com and upack.com. ArcBest Corporation^sm. The Skill & The Will^sm.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arcbest-corporationsm-increases-its-quarterly-dividend-to-008share-and-extends-its-share-repurchase-program-300165191.html

SOURCE ArcBest Corporation