Avis Budget Group, Inc. - Common Stock (CAR)

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Avis Budget Group, Inc. (“Avis Budget” or “the Company”) (NASDAQCAR) for violations of the securities laws.

PARSIPPANY, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today.

Conference Call to Discuss Results Scheduled for February 12th, 2025

Avis Budget Group, Inc. (NASDAQCAR) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 2.38% on the day to $110.7.

Avis Budget Group, Inc. (NASDAQCAR) is one of today’s top gainers. The company’s shares have moved 1.42% on the day to $163.24.

PARSIPPANY, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) announced financial results for third quarter 2024 today.

Conference Call to Discuss Results Scheduled for November 1st, 2024

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $700 million aggregate principal amount of 8.250% senior notes due 2030 (the “Notes”), which represents a $200 million increase from the previously announced size of the offering. The Notes will have a maturity date of January 15, 2030. The closing of the offering of the Notes is expected to occur on September 13, 2024, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2030 (the “Notes”) in a private offering. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) announced financial results for second quarter 2024 today.

Conference Call to Discuss Results Scheduled for August 6th, 2024

AVIS has served as the Official Rental Car Company of the PGA TOUR since 2011

PARSIPPANY, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”). The Notes will be issued as additional notes under the Indenture, dated as of July 13, 2023, pursuant to which the Issuer previously issued €400 million aggregate principal amount of 7.25% Senior Notes due 2030. The Notes will have a maturity date of July 31, 2030. The closing of the offering of the Notes is expected to occur on May 21, 2024, subject to customary closing conditions. The Notes were priced at 100.25% of their face value and will be guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), intends, subject to market and other customary conditions, to offer €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”) in a private offering. The Notes will be issued as additional notes under the Indenture, dated as of July 13, 2023, pursuant to which the Issuer previously issued €400 million aggregate principal amount of 7.25% Senior Notes due 2030. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., May 01, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) announced financial results for first quarter 2024 today.

Conference Call to Discuss Results Scheduled for May 2nd, 2024

PARSIPPANY, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €600 million aggregate principal amount of 7.00% senior notes due 2029 (the “Notes”), which represents a €200 million increase from the previously announced size of the offering. The Notes will have a maturity date of February 28, 2029. The closing of the offering of the Notes is expected to occur on February 28, 2024, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), intends, subject to market and other customary conditions, to offer €400 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private offering. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Conference Call to Discuss Results Scheduled for February 13th, 2024

As ridesharing innovator Lyft climbs to its highest level in 10 months, 2024 could be a pivotal year for the momentum name.

PARSIPPANY, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) today announced the declaration by its Board of Directors of a special cash dividend of $10.00 per share of common stock.

PARSIPPANY, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”) priced a private offering of $500 million aggregate principal amount of 8.00% senior notes due 2031 (the “Notes”). The Notes will have a maturity date of February 15, 2031. The closing of the offering of the Notes is expected to occur on November 22, 2023, subject to customary closing conditions. The Notes will be issued at an issue price of 99.341% and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.

PARSIPPANY, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQCAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2031 (the “Notes”) in a private offering. The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.

Izzy Martins to be appointed EVP & CFO and Brian Choi to be appointed EVP & Chief Transformation Officer