Hertz Announces new $2.0 Billion Share Repurchase Program

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Go back to Hertz Announces new $2.0 Billion Share Repurchase Program

Hertz Global (HTZ) Gains on New $2B Buyback Plan, Covering 31% of Market Cap

June 15, 2022 7:39 AM EDT

Hertz Global (NASDAQ: HTZ) shares jumped 5% in pre-open trading Wednesday after the company announced that its Board of Directors approved a new $2 billion share repurchase program.

The new repurchase program is in addition to the $0.2 billion remaining under the previous $2 billion... More