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Hertz (HTZ) Intends to Repurchase Up to a Third of Free-Floating Shares

November 29, 2021 8:49 AM EST

Earlier today, Hertz Global Holdings, Inc. (NASDAQ: HTZ) announced that its Board of Directors has authorized a share repurchase program of up to $2.0 billion of the Company's outstanding common stock.

The repurchase program is effective immediately and will initially comprise the remaining $200... More

Hertz Global (HTZ) Announces $2B Share Buyback

November 29, 2021 8:19 AM EST

Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that its Board of Directors has authorized a share repurchase program of up to $2.0 billion of the Company's outstanding common stock.

The repurchase program is effective immediately and will initially comprise the remaining $200 million that was authorized for repurchase at the time of the Company's offering and listing on NASDAQ. Hertz will be able to pursue the balance of the authorized amount upon completion of its previously disclosed tender offer and consent solicitation with respect to its outstanding Series A Preferred Stock,... More