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Hertz Buyback

OLI recorded this information on 11/5/2013

Company: Hertz
Buyback: HTZ buyback
$Amount Authorized: $300,000,000
Buyback Details: The Company's board of directors has approved a share repurchase program that authorizes the Company to purchase up to $300 million of the Company's common stock. The share repurchase program permits the Company to purchase shares through a variety of methods, including in the open market or through privately negotiated transactions, in accordance with applicable securities laws. It does not obligate the Company to make any repurchases at any specific time or situation. The timing and extent to which the Company repurchases its shares will depend upon, among other things, market conditions, share price, liquidity targets and other factors. Share repurchases may be commenced or suspended at any time or from time to time without prior notice.

Hertz Global Holdings is a holding company. Through its subsidiaries, Co. operates its vehicle rental business through the Hertz, Dollar and Thrifty brands in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Co. is also a provider of integrated vehicle leasing and fleet management solutions. Co.'s segments are: U.S. RAC, which includes rental of vehicles, as well as sales of services, in the U.S.; International RAC, which includes rental and leasing of vehicles, as well as sales of services, internationally; and All Other Operations, which provides integrated vehicle leasing and fleet management solutions in the U.S. and Canada.
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Company Name: 
Hertz Global Holdings Inc (New)
Stock buyback: 
HTZ buyback
Website: 
www.hertz.com
Sector: 
Air Services Other
 

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Sell (1.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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