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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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29.05.25 - 00:06
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XFRA: DIVIDEND/INTEREST INFORMATION - 30.05.2025 - EQUBF_01 (XETRA)
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Das Instrument H9B1 US42704L1044 HERC HOLDINGS INC. DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 29.05.2025 und ex Dividende/Zinsen am 30.05.2025
The instrument H9B1 US42704L1044 HERC HOLDINGS INC. DL-,01 EQUITY has its pre-dividend/interest day on 29.05.2025 and its ex-dividend/interest day on 30.05.2025...
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23.05.25 - 14:36
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Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub, Inc. and H&E (the “Merger Agreement”).
The Offer, which was previously scheduled to expire at one minute past 11:59 p.m. Eastern Time, on May 22, 2025, has been extended until one minute past 11:59 p.m. Eastern Time, on May 29, 2025, unless further extended in accordance with the terms of the Merger Agreement. The Offer was extended to allow additional time for the satisfaction of the remaining conditions of the tender offer. The Offer remains subject to the conditions t...
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19.05.25 - 13:03
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H&E Rentals Provides Update on Quarterly Cash Dividend (GlobeNewswire EN)
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BATON ROUGE, La., May 19, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") today announced at its recent quarterly meeting, the Company's Board of Directors elected not to declare a regular quarterly cash dividend scheduled for payment to stockholders in June 2025. The decision follows continued progress with H&E's pending merger transaction with Herc Holdings, Inc., which is expected to close in early-June 2025. ...
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16.05.25 - 14:06
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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 June 13, 2025, to shareholders of record as of May 30, 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 453 locations across North America, and 2024 total revenues were approximately $3.6 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, remediation and restoration, pumps, and trench shoring equipment as...
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15.05.25 - 22:36
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Herc Holdings Announces Pricing of $2.75 Billion of Senior Unsecured Notes Offering (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced today announced that it has priced $1,650 million aggregate principal amount of 7.000% senior unsecured notes due 2030 (the “2030 notes”) and $1,100 million aggregate principal amount of 7.250% senior unsecured notes due 2033 (the “2033 notes” and, together with the 2030 notes, the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will initially be issued by the Company's wholly owned subsidiary, Herc Holdings Escrow, Inc. (the “Escrow Issuer”). The closing of the Offering is expected to occur on or about June 2, 2025, subject to customary closing conditions.
The Offering is part of the financing for the Company's proposed acquisition (the “Acquisition”) of H&E Equipment Services, Inc. (“H&E”). On February 19, 2025, the Company announced it...
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15.05.25 - 13:30
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Herc Holdings Announces Proposed Private Offering of Senior Unsecured Notes (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced that its wholly owned subsidiary, Herc Holdings Escrow, Inc. (the “Escrow Issuer”), intends to offer $2,750 million aggregate principal amount of senior unsecured notes due 2030 and senior unsecured notes due 2033 (together, the “notes”) in a private offering (the “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 Offering is part of the financing for the Company's proposed acquisition (the “Acquisition”) of H&E Equipment Services, Inc. (“H&E”). On February 19, 2025, the Company announced it would acquire H&E. Under the terms of the Acquisition agreement, the Company has commenced a tender offer to acquire all of the outstanding shares of common stock of H&E in exchange for,...
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15.05.25 - 13:06
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Herc Holdings Announces Expiration of HSR Act Waiting Period for Planned 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 the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the previously announced agreement for the Company to acquire H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”). In addition, the Company announced that the Securities and Exchange Commission had declared its Registration Statement on Form S-4 effective.
The satisfaction of these important regulatory conditions moves the Company closer to the completion of the proposed transaction, which is expected to close by early June 2025, subject to the majority of H&E's shares being tendered into the offer and the satisfaction of customary closing conditions.
About Herc Holdings Inc.
Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a ...
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08.05.25 - 22:36
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Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub, Inc. and H&E (the “Merger Agreement”).
The Offer, which was previously scheduled to expire at one minute past 11:59 p.m. Eastern Time, on May 13, 2025, has been extended until one minute past 11:59 p.m. Eastern Time, on May 22, 2025, unless further extended in accordance with the terms of the Merger Agreement. The Offer was extended to allow additional time for the satisfaction of the remaining conditions of the tender offer, including receipt of applicable regulatory ap...
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30.04.25 - 14:33
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Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services (Business Wire)
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BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub, Inc. and H&E (the “Merger Agreement”).
The Offer, which was previously scheduled to expire at one minute past 11:59 p.m. Eastern Time, on April 29, 2025, has been extended until one minute past 11:59 p.m. Eastern Time, on May 13, 2025, unless further extended in accordance with the terms of the Merger Agreement. The Offer was extended to allow additional time for the satisfaction of the remaining conditions of the tender offer, including receipt of applicable regulatory ...
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22.04.25 - 21:12
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Herc Holdings Q1 Falls Short But Long-Term Guidance Holds: Analyst (Benzinga)
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Herc reported its first-quarter 2025 earnings and reaffirmed the guidance. Here is the analyst's first take on the results.
Latest Ratings for HRI
DateFirmActionFromTo Mar 2022Wells FargoInitiates Coverage OnOverweight Jan 2022Northcoast ResearchUpgradesNeutralBuy Dec 2021BairdDowngradesOutperformNeutral
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