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05.12.25 - 14:03
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Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per share (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend $0.70 per share.
The dividend is payable December 26, 2025, to shareholders of record as of December 15, 2025.
About Herc Holdings Inc.
Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier and, with the recent acquisition of H&E Equipment Services, we have 612 locations across North America and 2024 pro forma total revenues were approximately $5.1 billion. We offer products and services aimed at helping customers work more efficiently, effectively, and safely. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. Our ProSolutions® offering includes industry-specific, solutions-based services in tandem with power generation, clima...
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02.12.25 - 14:18
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Herc Holdings Announces Proposed Private Offering of $1,200 Million of Senior Unsecured Notes (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it intends to offer $1,200 million aggregate principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034 (together, the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes.
The notes will be senior unsecured obligations of the Company, and interest will be payable semi-annually in arrears. The notes will be guaranteed on a senior unsecured basis, subject to limited exceptions, by the Company's current and future domestic subsidiaries, including Herc Rentals Inc.
The net proceeds from the sale of the notes are expected to be used to redeem all $1,200 million in aggregate principal amount of the Company's 5.50% Senior Notes due 2027 and...
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24.11.25 - 22:18
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Herc Holdings Inc. Announces Promotion of Aaron Birnbaum to President (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), one of North America's leading equipment rental suppliers operating through Herc Rentals Inc., today announced that Aaron Birnbaum, most recently senior vice president and chief operating officer, has been promoted to president, effective Jan. 1, 2026. In his expanded role, Birnbaum will assume broader responsibility while continuing to lead the Company's operational strategy as well as its integration plan.
Herc Rentals Chief Executive Officer Larry Silber, who previously also served as president, will continue in his role as CEO and as a member of the Company's Board of Directors. The transition of the president role to Birnbaum aligns with the Company's succession plan.
Birnbaum has more than 35 years of experience in the equipment rental industry — all with Herc Rentals Inc. and its predecessor business. He has served as chief operating officer since Jan. 2020, overseeing all of the...
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24.11.25 - 22:18
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Herc Holdings Inc. Announces Election of Two New Independent Directors to its Board of Directors (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), one of North America's leading equipment rental suppliers operating through Herc Rentals Inc., today announced the election of two new independent directors: John Olin, executive vice president and chief financial officer at Westinghouse Air Brake Technologies Corporation, and Patrick Shannon, former senior vice president and chief financial officer at Allegion plc. Their elections to the Company's Board of Directors (the “Board”) are effective Jan. 1, 2026. Olin and Shannon will both serve on the Company's audit committee.
“We are pleased to welcome John and Patrick to the Board,” said Patrick Campbell, chairman of the Board of Directors. “They each bring decades of relevant experience delivering growth as executives and directors of public companies. Their strategic and financial expertise will further strengthen the Board with complementary, value-additive skillsets.”
“We ...
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28.10.25 - 11:36
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Herc Holdings Reports Third Quarter 2025 Results and Reaffirms 2025 Full Year Guidance (Business Wire)
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Third Quarter 2025 Highlights
– H&E technology integration completed
– Equipment rental revenue of $1,122 million increased 30%
– Total revenues of $1,304 million increased 35%
– Net income of $30 million, or $0.90 per diluted share, and adjusted net income of $74 million, or $2.22 per diluted share
– Adjusted EBITDA of $551 million increased 24% with adjusted EBITDA margin of 42%
– Successfully completed the sale of Cinelease studio entertainment business on July 31, 2025BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2025.
“As we continue to execute on our strategic priorities, the third quarter marked a pivotal step in unlocking the value of our acquisition of H&E Equipment Services,” said Larry Silber, president and chief executive officer. “From day one, our focus has been on bringing together the strengths of both companies through a seam...
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17.10.25 - 17:30
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Are Investors Undervaluing Herc Holdings (HRI) Right Now? (Zacks)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks....
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14.10.25 - 14:03
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Herc Holdings Announces Date for Third Quarter 2025 Earnings Call and Webcast (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its third quarter 2025 financial results on October 28, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial or other information that is not contained in the press release.
A live webcast of the event will be available at: https://IR.HercRentals.com or https://events.q4inc.com/attendee/558054917.
The call is also accessible using the following dial-in numbers:
U.S. participants: +1-800-715-9871
International participants: https://registrations.events/directory/international/itfs.htmlAccess code: 9128891
Please dial in at least 10 to 15 minutes before the call. A replay of the conference call will be available via webcast on the Company website, where it will be archived for 12 months.
About Herc Holdings Inc.
Founded in 1965, Herc Holdi...
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08.08.25 - 14:33
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Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per Share (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.70 per share.
The dividend is payable September 5, 2025, to shareholders of record as of August 22, 2025.
About Herc Holdings Inc.
Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier. With the recent acquisition of H&E Equipment Services, we have 622 locations across North America and pro forma 2024 total revenues were $5.1 billion. We offer products and services aimed at helping customers work more efficiently, effectively, and safely. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. Our ProSolutions® offering includes industry-specific, solutions-based services in tandem with power generation, climate control, remed...
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29.07.25 - 12:33
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Herc Holdings Reports First Half 2025 Results and Updates 2025 Full Year Guidance (Business Wire)
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Second Quarter 2025 Highlights
– H&E acquisition closed on June 2, 2025
– Completed financing of $4.4 billion of new debt at weighted average interest rate of 6.8%
– Equipment rental revenue of $870 million increased 14%
– Total revenues of $1,002 million increased 18%
– Net loss of $35 million or $1.17 per share driven primarily by the H&E acquisition transaction costs and loss on Cinelease assets held for sale
– Adjusted EBITDA of $406 million increased 13% with adjusted EBITDA margin of 41%BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2025.
“The second quarter marked an important milestone for our company. On June 2nd, we completed the transaction to bring Herc Rentals and H&E Equipment Services together. This acquisition, the largest in the industry, will accelerate our strategy to deliver market leading growth and superior value creation by provi...
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15.07.25 - 14:33
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Herc Holdings Announces Date for Second Quarter 2025 Earnings Call and Webcast (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its second quarter 2025 financial results on July 29, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release.
A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/742452954
The call is also accessible using the following dial-in numbers:
U.S. participants: +1-800-715-9871
International participants: https://registrations.events/directory/international/itfs.htmlAccess code: 9128891
Please dial in at least 10 to 15 minutes before the call. A replay of the conference call will be available via webcast on the Company website, where it will be archived for 12 months.
About Herc Holdings Inc.
Founded in 1965, Herc Holdin...
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02.06.25 - 14:54
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Herc Holdings Completes Acquisition of H&E Equipment Services (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that it has completed its acquisition of H&E Equipment Services, Inc. d/b/a H&E Rentals (“H&E”).
“The acquisition of H&E accelerates Herc's proven strategy and strengthens our position as a premier rental company in North America,” said Larry Silber, Herc Rentals' president and chief executive officer. “The addition of H&E's network and capabilities provides Herc with a leading presence in 11 of the top 20 rental regions, a larger fleet that provides our customers with a range of specialty and general rental products, and a talented team who shares our focus on excellence in customer service and safety. We are excited to realize the substantial upside ahead for industry leading growth and superior value creation.”
Under the terms of the merger agreement, Herc Rentals acquired all of the issued and outstanding sha...
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30.05.25 - 14:36
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Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date (GlobeNewswire EN)
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BONITA SPRINGS, Fla. and BATON ROUGE, La., May 30, 2025 (GLOBE NEWSWIRE) -- Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub Inc. (“Merger Sub”) and H&E (the “Merger Agreement”)....
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