- Hertz Global Holdings Inc (NASDAQ:HTZ) Board authorized a share repurchase program of up to $2 billion of common stock.
- The repurchase program is effective immediately and will initially comprise the remaining $200 million authorized for repurchase at the time of the company's offering and listing on NASDAQ.
- Hertz Global currently intends to maintain Net Corporate Leverage of no more than 1.5x.
- Price Action: HTZ shares are trading higher by 1.40% at $24.2 on the last check Monday.
Hertz Plans $2B Share Repurchase Program
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.