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Alta Equipment Group Inc - ALTG STOCK NEWS

Welcome to our dedicated news page for Alta Equipment Group (Ticker: ALTG), a resource for investors and traders seeking the latest updates and insights on Alta Equipment Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alta Equipment Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alta Equipment Group's position in the market.

Rhea-AI Summary
Alta Equipment Group Inc. announces a board refreshment with the appointment of new committee chairs and the resignation of Zachary Savas. Katherine White is appointed as the Chair of the Nominating and Governance Committee, and Sidhartha Nair as the Chair of the Compensation Committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.41%
Tags
none
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Rhea-AI Summary
Alta Equipment Group Inc. (ALTG) declares a quarterly dividend of $625 per preferred share, equating to $0.625 per Depositary Share. The dividend payment date is April 30, 2024, for shareholders of record on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
dividends
-
Rhea-AI Summary
Alta Equipment Group Inc. (NYSE: ALTG) reported strong financial results for the fourth quarter and full year ended December 31, 2023. Total revenues increased 21.7% year over year to $521.5 million in Q4 and $1,876.8 million for the full year. Adjusted EBITDA grew 16.4% to $49.7 million in Q4 and 21.1% to $191.4 million for the full year. The company completed acquisitions of Burris Equipment Company and Ault Industries Inc. Alta's CEO, Ryan Greenawalt, highlighted the success of their diversified growth strategy and positive outlook for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.14%
Tags
Rhea-AI Summary
Alta Equipment Group Inc. to report Q4 and year-end financial results on March 14, 2024. Conference call scheduled to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
-
Rhea-AI Summary
Alta Equipment Group Inc. appoints Sidhartha Nair to its Board of Directors, expanding the Board's size to six members. Mr. Nair, with extensive experience in business leadership and digital transformation, joins Alta to enhance growth and market position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
management
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Rhea-AI Summary
Alta Equipment Group Inc. (ALTG) has announced a quarterly dividend of $0.057 per share for its common stock, with a payment date of February 29, 2024. The dividend is approved by the Board of Directors and will be distributed to shareholders of record as of February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
dividends
Rhea-AI Summary
Alta Equipment Group Inc. appoints Jeff Hoover as Chief Legal Officer and General Counsel, effective immediately. Mr. Hoover brings extensive experience in mergers and acquisitions, corporate finance, and real estate transactions. He will report to Alta's CEO, Ryan Greenawalt, and oversee legal affairs, corporate governance, and compliance. Mr. Greenawalt expresses excitement about Mr. Hoover's appointment, citing his integral role in supporting Alta's growth and development since 2016.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
management
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Rhea-AI Summary
Alta Equipment Group Inc. (NYSE: ALTG) announced the approval of a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock, with a dividend of $0.625 per outstanding Depositary Share. The payment date is January 31, 2024, for shareholders of record on January 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.44%
Tags
dividends
-
Rhea-AI Summary
ALTG: Alta Equipment Group Inc. Announces 15.1% Increase in Total Revenues to $466.2 million in Q3 2023, Adjusted EBITDA Grows 15.9% to $51.0 million. CEO Ryan Greenawalt comments on strong market demand, acquisitions of Burris Equipment and Ault Industries, and expansion into western Pennsylvania with CASE Construction Equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.88%
Tags
Rhea-AI Summary
Alta Equipment Group Inc. (NYSE: ALTG) has announced a quarterly dividend of $0.057 per share on its common stock. The dividend payment date is November 30, 2023, and the record date is November 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.02%
Tags
dividends
Alta Equipment Group Inc

NYSE:ALTG

ALTG Rankings

ALTG Stock Data

385.46M
19.59M
21.81%
67.43%
5.31%
Industrial Machinery and Equipment Merchant Wholesalers
Wholesale Trade
Link
United States
Livonia

About ALTG

alta equipment company is a leading provider of industrial forklifts, heavy construction equipment and warehouse solutions in the midwest. our core commitment is to provide outstanding service that exceeds our customers' expectations. by investing in our people, products and facilities, we ensure our customers excellent value and consistent service. alta equipment company's wide variety of products includes forklifts, wheel loaders, excavators, pavers, and materials handling products such as pallet racking, ergonomic equipment and modular building systems. our core brands include hyster lift trucks, yale lift trucks, volvo construction equipment, combilift fork lifts, link-belt cranes, gomaco concrete pavers. to further support our customers' needs, we offer a rental fleet of more than 1,250 units, a large inventory of used equipment, flexible options for fleet maintenance, training courses for operators and technicians, and a variety of financing options .