Why Hertz Shares Are Moving Higher Today
Why Hertz Shares Are Moving Higher Today
Hertz Global Holdings Inc (NASDAQ:HTZ) is trading higher Monday after the company announced a $2 billion share repurchase program.
赫茲環球控股有限公司 納斯達克股票代碼：HTZ）週一交易走高，此前該公司宣布了 2 億美元的股票回購計劃。
The repurchase program allows for ongoing and profitable investment in the business while utilizing moderate balance sheet leverage and facilitating opportunistic share repurchases.
回購計劃允許對業務進行持續和有利可圖的投資，同時利用適度的資產負債表槓桿並促進機會性的股票回購。
The program has no time limit. The share repurchase authorization does not obligate Hertz to acquire any particular amount of common stock and can be discontinued at any time.
該程序沒有時間限制。股份回購授權並沒有義務 Hertz 必須購買任何特定數量的普通股，並且可以隨時終止。
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 the Nasdaq.
回購計劃立即生效，最初將包括在公司發行和在納斯達克上市時獲授權回購的剩餘 2 億美元。
Related Link: Hertz Plans $2B Share Repurchase Program
相關鏈接：赫茲計劃 20 億美元的股份回購計劃
Hertz operates as an automotive vehicle rental services company.
Hertz 是一家汽車租賃服務公司。
HTZ Price Action: Hertz was up 6.38% at $25.39 at time of publication.
HTZ 價格走勢： 在公佈時，赫茲上漲了 6.38％，至 25.39 美元。
Photo: dhub limited from Flickr.
照片來自 Flickr 的官方網站。
譯文內容由第三人軟體翻譯。