Welcome to our dedicated page for WillScot Holdings news (Ticker: WSC), a resource for investors and traders seeking the latest updates and insights on WillScot Holdings stock.
WillScot Holdings Corporation (Nasdaq: WSC) is described by the company as the premier provider of temporary and flexible space solutions in North America. Its news flow offers insight into how this modular and portable space business evolves over time, from financial performance and capital allocation to leadership changes and credit facility developments.
On this page, readers can review WillScot news covering quarterly earnings results, updates to full-year outlooks, and detailed discussions of revenue mix across modular space leasing, portable storage leasing, value-added products and services, delivery and installation, and unit sales. The company’s releases often include commentary on Adjusted EBITDA, Adjusted Free Cash Flow, Net CAPEX, and Net Debt to Adjusted EBITDA, along with explanations of how these non-GAAP measures are used.
News items also highlight dividend declarations, share repurchase activity, and tuck-in acquisitions, as well as amendments to the company’s asset-based revolving credit facility that affect borrowing costs, maturity dates, and available capacity. Governance and leadership updates, such as CEO succession plans, the appointment of an Executive Chair and Lead Independent Director, and changes in the Chief Accounting Officer role, are reported through both press releases and related Form 8-K filings.
Investors and followers of WSC can use this news feed to track how WillScot describes its strategic priorities, including network optimization initiatives, real estate footprint evaluations, and focus areas such as Enterprise Accounts and differentiated service offerings. For those monitoring temporary space and modular building companies, this page provides a centralized view of WillScot’s publicly released developments over time.
WillScot Mobile Mini Holdings Corp. (WSC) announced the pricing of a secondary offering of 21,410,019 shares at $28.50 each, managed by Sapphire Holding S.à r.l., controlled by TDR Capital. The offering will close on September 14, 2021, with no proceeds going to the company. Additionally, WillScot will repurchase 2,379,839 shares from the Selling Stockholder at the offering price, funded through the ABL Credit Facility. Forward-looking statements caution regarding market conditions and potential changes to the offering size.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced a secondary offering of 21,410,019 shares, sold by Sapphire Holding S.à r.l., controlled by TDR Capital. The company itself is not selling any shares and will not receive proceeds. Additionally, it plans to repurchase 2,379,839 shares from the selling stockholder at the same price as the offering. This buyback will be funded through borrowings under its ABL Credit Facility and is expected to close concurrently with the offering.
WillScot Mobile Mini Holdings Corp. has promoted Tim Boswell to President, continuing his role as Chief Financial Officer, as part of a strategic leadership plan. The Board extended employment contracts for both CEO Brad Soultz and CFO Boswell through 2026, which include performance-based stock grants linked to share price milestones. The grants will vest if the share price reaches at least $42.50, aiming for a maximum of $60.00, representing potential significant gains over current prices.
WillScot Mobile Mini Holdings Corp. (WSC) reported second-quarter 2021 revenues of $461.1 million, a 79.5% increase year-over-year, primarily due to the merger with Mobile Mini. Adjusted EBITDA rose 80.0% to $175.5 million. The company generated $82.1 million in free cash flow, reflecting a margin of 18%. Modular space rental rates surged by 19.7% in North America. Management announced an Investor Day on November 8, 2021, focusing on showcasing post-merger growth initiatives and operational integration successes.
WillScot Mobile Mini Holdings Corporation (WSC) announced the release of its second quarter 2021 financial results on August 5, 2021, after market close. CEO Brad Soultz and CFO Tim Boswell will hold a conference call on August 6, 2021, at 10:00 a.m. EDT to discuss these results. Investors can join the call by dialing (855) 312-9420 for the US/Canada or (210) 874-7774 for international access. The call will also be webcast live on the company's website, with an archived version available for 60 days.
WillScot Mobile Mini Holdings Corp. (WSC) announced the pricing of a secondary offering of 14 million shares at $27.95 per share, offered by principal shareholder Sapphire Holding S.à r.l. The underwriter, Morgan Stanley, has an option to purchase an additional 2.1 million shares within 30 days. The company will not receive proceeds from this offering. Concurrently, WillScot will repurchase 3.9 million shares from Sapphire at the same price, funded by borrowings under its ABL Credit Facility. The offering is set to close on June 25, 2021.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) has announced a secondary offering of 14 million shares, primarily by Sapphire Holding S.à r.l., with a 30-day option for underwriters to purchase an additional 2.1 million shares. Notably, the company will not receive proceeds from this offering. Concurrently, WillScot plans to repurchase 3.9 million shares from Sapphire at the offering price, funded through its ABL Credit Facility. This repurchase aims to enhance shareholder value, signaling confidence in the company's future.
WillScot Mobile Mini Holdings Corp. (WSC) announced that CEO Brad Soultz and CFO Tim Boswell will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 9, 2021, at 12:00 p.m. EDT. The company, a leader in modular space and portable storage solutions, operates from 275 branch locations across North America, including the U.S., Canada, Mexico, and the U.K. WillScot Mobile Mini focuses on providing flexible workspace solutions to various sectors, highlighting its commitment to innovation and service delivery.
WillScot Mobile Mini Holdings Corp. (WSC) will present at the Baird 2021 Global Consumer, Technology & Services Conference on June 8, 2021, at 2:35 p.m. EDT. CEO Brad Soultz and CFO Tim Boswell will host private meetings during the event. The company, based in Phoenix, is a leader in turnkey modular space and portable storage solutions, operating around 275 branch locations across North America and the UK. WillScot is dedicated to innovative flexible workspace solutions serving various sectors of the economy.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced the redemption of $58.5 million in 6.125% Senior Secured Notes due 2025 on June 16, 2021. The redemption price will be 103% of the principal amount plus accrued interest. This move is part of the company's financial strategy, aimed at improving its capital structure. Investors should reach out to their brokers for details on the redemption payment. Forward-looking statements in the release highlight potential risks and uncertainties affecting future results.
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