About Hertz Global Holdings, Inc - Common Stock (HTZ)
Hertz Global Holdings Inc is a prominent player in the vehicle rental industry, offering a diverse range of rental cars and services to both leisure and business travelers. With a strong presence in airports and urban locations, Hertz provides customers with flexible rental options and a variety of vehicle choices, from economy cars to luxury vehicles and SUVs. The company is also focused on enhancing the customer experience through technology, including mobile apps and online booking platforms, while promoting environmentally friendly practices through investments in electric and hybrid vehicle fleets. Hertz is committed to sustainability and aims to provide innovative transportation solutions while maintaining a dedication to safety and quality service. Read More
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 3.6% in the pre market session after the company announced it was selling $375 million worth of senior notes in an upsized private offering.
Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has entered into an agreement to sell $375 million in aggregate principal amount of 5.500% Exchangeable Senior Notes due 2030 (the “Notes”), in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50 million in aggregate principal amount of the Notes. The aggregate principal amount of the offering was increased from the previously announced offering size of $250 million. The offering is expected to close on or about September 29, 2025, subject to customary closing conditions.
Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), intends to offer, subject to market and other conditions, $250 million in aggregate principal amount of Exchangeable Senior Notes due 2030 (the “Notes”), in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Hertz Corp. also expects to grant the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $37.5 million in aggregate principal amount of the Notes.
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Hertz Global Holdings shares are moving higher in Tuesday's after-hours session after the company announced it received notification of a settlement distribution.
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Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 3.1% in the afternoon session after the company announced its new virtual showroom technology has driven a 30% uplift in lead conversions for its Public Carriage Office (PCO) program.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hertz (NASDAQ:HTZ) and the rest of the ground transportation stocks fared in Q2.
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 8.2% in the afternoon session after Pershing Square Holdings recently reiterated its confidence in the company in its second-quarter 2025 investor letter. The investment firm, which began buying shares late last year, noted that it views Hertz as a turnaround story and believes the stock price "can increase by a multiple of our cost in reasonably likely scenarios.".
As the World Endurance Championship (WEC) makes its only U.S. stop at Austin’s Circuit of the Americas (COTA) on Sunday, Sept. 7, Hertz, together with Cadillac Hertz Team JOTA, is bringing fans an action packed weekend of racing, interactive competition, and exclusive experiences that showcase the excitement of endurance racing like never before.
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Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2025 financial results at 8:00 a.m. ET on Tuesday, November 4, 2025, followed by an earnings call at 9:00 a.m. ET.
Shares of global car rental company Hertz (NASDAQ:HTZ)
fell 3.3% in the afternoon session after growing concerns from investors regarding the company's financial health and future prospects.
