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Rollins, Inc. - ROL STOCK NEWS

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Rollins, Inc. (NYSE: ROL) is a premier global consumer and commercial services company renowned for its essential pest control services. With a robust portfolio of subsidiaries such as Orkin, HomeTeam Pest Defense, Western Pest Services, and The Industrial Fumigant Company, Rollins provides protection against termite damage, rodents, and insects. These services reach over 2.8 million customers across North America, South America, Europe, Asia, Africa, and Australia, operating from more than 800 locations and employing over 19,000 people.

Core Business: Rollins' core business revolves around pest control and termite prevention services. The company's flagship brand, Orkin, is a market leader in the U.S. and Canada, offering comprehensive pest management solutions for residential and commercial clients. Rollins also owns subsidiaries like Clark Pest Control and Critter Control, enhancing its service offering and geographic reach.

Recent Achievements: Rollins reported strong financial results for the fourth quarter and full year of 2023, achieving record revenue and healthy margins. The company continues to focus on organic growth and strategic acquisitions, with a robust pipeline of potential deals. Recent acquisitions include Fox Pest Control, which has been seamlessly integrated into Rollins' operations.

Current Projects: Rollins is actively enhancing its service offerings through modernization and continuous improvement initiatives. The company is committed to leveraging technology to improve service delivery and customer satisfaction. Orkin recently launched the

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Rollins, Inc. (NYSE:ROL) announced a 15% increase in its quarterly cash dividend to $0.15 per share payable on December 11, 2023. The dividend increase reflects the company's commitment to return capital to shareholders and its confidence in the future.
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Chicago remains the top city on Orkin's Top 50 Rattiest Cities List for the ninth consecutive year. Los Angeles moves up to the #2 spot, while New York drops to third place.
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Rollins, Inc. to release Q3 financial results on October 25, 2023.
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Spruce Point Capital Management finds that changing industry dynamics are causing increased pressures for Rollins Inc. (NYSE: ROL). The company's acquisition strategy and private equity backing are causing growth challenges. Rollins recently settled improper earnings management charges with the SEC. The company faces long-term pressures from declining insect populations. Rollins' valuation is among the highest in the residential and commercial services sector, with 30% to 40% long-term downside risk to its share price.
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Rollins, Inc. (NYSE: ROL) announced the closing of a secondary public offering of 44,509,814 shares of its common stock at $35.00 per share. The company did not sell any shares and did not receive any proceeds from the offering. The Selling Stockholder entered into a lock-up agreement for 365 days. The company repurchased 8,724,100 shares for approximately $300 million at the same per share price paid by the underwriters. Goldman Sachs & Co. LLC and Morgan Stanley acted as joint book-running managers for the offering.
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Rollins, Inc. announces CFO's presentation at Morgan Stanley conference
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Rollins, Inc. announces secondary public offering of 38,724,100 shares of common stock by existing stockholder at $35.00 per share. Underwriters have option to purchase additional shares. Rollins to repurchase 8,724,100 shares for $300 million. Completion of repurchase and offering are interdependent. Goldman Sachs and Morgan Stanley are joint book-running managers.
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Rollins, Inc. announces proposed secondary public offering of $1.35 billion of common stock by existing stockholder. Underwriters have option to purchase additional $202.5 million of shares. Company plans to repurchase $300 million of shares at same price. Offering is subject to market conditions.
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Rollins, Inc. announces plans to present and attend investor conferences.
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FAQ

What is the current stock price of Rollins (ROL)?

The current stock price of Rollins (ROL) is $46.92 as of December 20, 2024.

What is the market cap of Rollins (ROL)?

The market cap of Rollins (ROL) is approximately 22.8B.

Rollins, Inc.

NYSE:ROL

ROL Rankings

ROL Stock Data

22.77B
278.22M
42.55%
53.8%
1.24%
Personal Services
Services-to Dwellings & Other Buildings
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United States of America
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