Welcome to our dedicated page for RB Global Ord Shs news (Ticker: RBA), a resource for investors and traders seeking the latest updates and insights on RB Global Ord Shs stock.
RB Global, Inc. (NYSE: RBA, TSX: RBA) generates frequent news coverage as an omnichannel marketplace serving buyers and sellers of commercial assets and vehicles worldwide. Company updates often focus on performance across key sectors such as automotive, commercial construction and transportation, government surplus, lifting and material handling, energy, mining and agriculture, reflecting activity across its auction sites and digital platform.
Investors following RBA news can expect regular earnings releases that detail gross transaction value (GTV), service revenue, inventory sales revenue, net income and adjusted EBITDA. These reports typically include sector-level GTV and total lots sold, commentary on service revenue take rate and inventory metrics, and reconciliations of reported operating expenses to adjusted measures. The company also provides financial outlooks for metrics such as GTV growth, adjusted EBITDA, tax rate ranges and capital expenditures, accompanied by forward-looking statement disclosures.
Beyond quarterly results, RB Global’s news flow highlights developments across its marketplace brands. Ritchie Bros. announcements include information about major auction events, such as large multi-day equipment auctions that attract consignors and bidders from many countries. IAA-related news covers remarketing contracts, government and fleet relationships, and Market Alliances in regions including Latin America and the Caucasus, where local partners operate auction centers or provide services to buyers accessing IAA’s vehicle inventory.
Additional updates cover acquisitions and partnerships, such as the purchase of J.M. Wood Auction Co., Inc. by Ritchie Bros. and joint ventures like LKQ SYNETIQ in vehicle parts dismantling and distribution. Leadership changes, organizational realignments and dividend declarations are also reported through RB Global’s press releases and SEC filings. For followers of RBA, this news page provides a centralized view of operational, financial, strategic and governance developments affecting the company’s marketplace ecosystem.
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Ritchie Bros. Auctioneers (NYSE: RBA) announced that it will release its first quarter financial results after market close on May 10, 2023. A conference call will follow at 5:00 p.m. Eastern time for analysts and institutional investors to discuss the results. Interested parties can access the call via a toll-free number or listen to a live webcast on Ritchie Bros.' Investor Relations website. A replay will also be available after the call. Ritchie Bros. provides a global marketplace for commercial assets and vehicles, offering various selling channels and services to enhance the buying and selling experience.
Ritchie Bros. (NYSE: RBA) has successfully acquired IAA, Inc., marking a significant milestone in its strategic expansion. Under the terms of the agreement, IAA shareholders will receive $12.80 per share and 0.5252 Ritchie Bros. shares for each IAA share owned. CEO Ann Fandozzi stated the merger will enhance growth and create sustainable shareholder value by transforming Ritchie Bros. into a premier digital marketplace. Shareholders will receive a special cash dividend of $1.08 per share, payable on March 28, 2023. Following the acquisition, IAA's stock will cease trading on the NYSE. The integration of IAA is expected to open new market opportunities.