Hertz proposes $100M common stock offering via share lending deal
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Hertz Announces Proposed Offering of $100 Million of Common Stock
June 24, 2026 7:24 AM EDTESTERO, Fla.--(BUSINESS WIRE)-- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (Hertz or the Company), a leading global rental car company, today announced that it intends to offer shares of its common stock, par value $0.01 per share, (the Common Stock) at an aggregate public offering price of $100 million in a SEC-registered offering. Such shares (the Borrowed Shares) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the Share Borrower), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its... More
