Patriot repurchases stock

Patriot Transportation Holding Inc reported that Dec 9, 2002, it repurchased 111,300 shares of its common stock for $2,485,334, or $22.33 per share in a negotiated block purchase.

The firm's board of directors previously authorized the repurchase of the company's common stock as opportunities arise. Approximately $1,143,000 remains available for repurchase under this authorization.