HICKORY, N.C. — Dale Jarrett Racing Adventure has reported the results of its ongoing stock repurchase program by revealing the company purchased 166,250 shares and, during the second quarter, an additional 148,000 shares. This brings the total shares repurchased by the company to more than 670,000 shares since the stock repurchase program began.
Commenting on the repurchase program, CEO Tim Shannon said, "We’re encouraged by our ongoing stock repurchasing program. As we work diligently to grow our core business, increase profitability and seek additional opportunities for growth, we are confident that our strategy, which is unique among micro cap stocks, will provide our shareholders with a more consistent base value from which to invest and with greater upside potential as more good news generates greater market interest."
The Dale Jarrett Racing Adventure offers racing fans the opportunity to race an authentic race car on a major race track. Racing "adventurers" receive vital training from top racing instructors, wear real racing suits and safety gear, and pilot a race car that was once driven by one of the racing greats. Hand signals from the instructor teaches participants to race like the pros. Guests learn to race like NASCAR drivers, find the line, draft and pass for optimum fun. The program boasts a 100 percent safety record and numerous celebrity endorsements.
For more information about the Dale Jarrett Racing Adventure visit www.RacingAdventure.com.