Hertz Global Holdings, Inc. Buyback
OLI recorded this information on 6/15/2022
Company:
Hertz Global Holdings, Inc.
Buyback:
HTZ buyback
$Amount Authorized:
$2,000,000,000
Buyback Details:
Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company") today announced that its Board of Directors approved a new $2.0 billion share repurchase program. The new authorization is in addition to the $2.0 billion share repurchase program announced in November 2021. With approximately $0.2 billion remaining under the previous authorization, pursuant to which the Company has repurchased approximately 88 million shares as of June 14, 2022, the Company now has $2.2 billion available under the programs.
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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Avg. Broker Rec.
 
|
Hold (1.78 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
