Welcome to our dedicated page for Allison Transmission Hldgs news (Ticker: ALSN), a resource for investors and traders seeking the latest updates and insights on Allison Transmission Hldgs stock.
Allison Transmission Holdings, Inc. reports news on high-performance mobility and work solutions for commercial, off-highway and defense applications. The company manufactures fully automatic transmissions and related drive and motion systems used across transportation, infrastructure, mining, energy, agriculture, construction and national security markets.
Recurring Allison news includes quarterly and annual earnings, demand by end market, dividend and share-repurchase actions, product integrations with commercial vehicle manufacturers, and updates tied to its Allison Transmission and Allison Off-Highway Drive & Motion Systems business units. Following the completed acquisition of Dana's Off-Highway business, company updates also address integration, segment reporting and the expanded off-highway product portfolio.
Allison Transmission has published its 2023 Corporate Social Responsibility (CSR) Report, highlighting its sustainability initiatives, environmental performance, social contributions, and governance practices. The report emphasizes the company's dedication to providing low-emission propulsion solutions for OEM partners and fleet customers. CEO David S. Graziosi reiterated the company's commitment to reducing emissions and addressing the unique needs of its clients. The full report is available on the company's website.
Allison Transmission Holdings (NYSE: ALSN), a leader in commercial-duty automatic transmissions and hybrid propulsion solutions, announced the appointment of G. Frederick Bohley III as the new Chief Operating Officer (COO) effective immediately. Bohley, who has been with the company since 1991, will retain his roles as Chief Financial Officer (CFO) and Treasurer. As COO, he will oversee Finance, Strategy and Business & Corporate Development, Information Systems & Services, and Operations. The company has begun searching for a new CFO to succeed Bohley. CEO David Graziosi praised Bohley's leadership and experience, expressing confidence in his capability to drive strategic growth.
Allison Ventures, the venture capital arm of Allison Transmission, announced a $10 million investment in EnerTech Capital on May 16, 2024. EnerTech Capital focuses on emerging technologies in the mobility space, including electrification, connectivity, autonomy, and digitization. This partnership aims to provide Allison with access to EnerTech's extensive network of high-tech companies and insights into new automotive technologies. EnerTech's Global Strategic Mobility Fund includes ten corporate investors, and Allison expects this collaboration to enhance its innovation pipeline and business development opportunities in the commercial mobility sector.
Allison Transmission Holdings Inc. (NYSE: ALSN) declared a cash dividend of $0.25 per share for the second quarter of 2024. The payment will be made on May 31, 2024, to stockholders of record on May 20, 2024. Future dividends will be determined based on financial position and other relevant factors.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.