Welcome to our dedicated page for Hertz Global Hld news (Ticker: HTZWW), a resource for investors and traders seeking the latest updates and insights on Hertz Global Hld stock.
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Hertz Global Holdings announced an upsized public offering of 44,520,000 shares priced at $29.00 per share, conducted by certain stockholders. The company plans to repurchase 10,344,828 shares for $300 million using cash on hand. A 30-day option allows underwriters to purchase an additional 6,678,000 shares. Trading begins on the Nasdaq Global Select Market on November 9, 2021 under the ticker symbols HTZ and HTZWW, with the offering closing on November 12, 2021.
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