Last Friday, shares of Europcar declined more than 3% in early trading in Paris after its initial public offering.
Hertz has appointed three new directors to the Hertz Board of Directors (Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi), which were nominated by Carl C. Icahn, Hertz’s largest shareholder.
Avis Budget Group Inc. has repurchased approximately $135 million of stock under its current stock repurchase program.
Last Friday, CNBC broke news that investor Carl Icahn might have bought as many as 30 to 40 million shares in Hertz Global Holdings Inc.
Hertz Global Holdings Inc.'s board of directors has unanimously adopted a one-year shareholder rights plan.
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