Hertz Global Holdings beat back a lawsuit arguing that recent share repurchases amounted to a change in control that required the company to redeem its outstanding stock warrants.

Hertz Global Holdings on Friday won the dismissal of a lawsuit by warrant ... The funds held 11% of the Hertz warrants, ... He said Hertz's $3.4 billion of stock repurchases and $2.2 ...

An investor holding 11% of Hertz Global Holdings warrants has raised the possibility of a lawsuit against the rental-car provider if it doesn’t pay $187.5 million for its holdings, adding to the ...

On an adjusted (non-GAAP) basis -- which notably excluded a $328 million benefit related to the change in fair value of public warrants -- Hertz's net income was $230 million, or $0.70 per share.

Prior to Ackman's announcement, Hertz stock was flat on the year. But in the wake of his social media post, the stock was up by roughly 71% year to date as of Monday morning.

Some holders of Hertz Global Holdings Inc. warrants are demanding a payout of about five times the current stock price, arguing the company’s debt issuance and share buybacks triggered a change ...

Bed Bath & Beyond filed a prospectus to sell preferred stock and warrants in order to raise cash. The home goods retailer says it will likely have to file for bankruptcy protection if the offering ...

The funds held 11% of the Hertz warrants, ... He said Hertz's $3.4 billion of stock repurchases and $2.2 billion of debt issuance, taken together, ...

Shares of Hertz Global Holdings (NASDAQ: HTZ) were down 11.7% as of 2:30 p.m. EDT Thursday after posting in-line revenue but weaker-than-expected earnings for its third quarter of 2023.

The funds held 11% of the Hertz warrants, ... An overview of the Warren Buffett-led firm's stock holdings as of the fourth quarter of 2024. John Divine and Wayne Duggan March 6, 2025.

(Reuters) -Hertz Global Holdings on Friday won the dismissal of a lawsuit by warrant holders that could have forced the car rental company to owe hundreds of millions of dollars following a series of ...