Tiger Brokers

BRIEF-Bill Ackman Says As Of Today, Have 19.8% Stake In Hertz - X Post

Reuters
Apr 18, 2025
BRIEF-Bill Ackman Says As Of Today, Have 19.8% Stake In Hertz - X Post

April 18 (Reuters) -

  • BILL ACKMAN: WE BEGAN ACCUMULATING SHARES IN HERTZ LATE LAST YEAR, AND AS OF TODAY, WE HAVE A 19.8% STAKE IN THE COMPANY

  • BILL ACKMAN ON HERTZ: BELIEVE IMPROVEMENTS CEO GIL WEST, MANAGEMENT MAKING WILL SIGNIFICANTLY IMPROVE PROFIT MARGINS OVER THE NEXT SEVERAL YEARS

  • BILL ACKMAN ON HERTZ CALLS FOR IMPROVING INDUSTRY STRUCTURE AND MORE RATIONAL COMPETITIVE BEHAVIOR

  • BILL ACKMAN ON HERTZ: CO'S LEVERAGED CAPITAL STRUCTURE WILL ENABLE HERTZ SHAREHOLDERS TO GENERATE A HIGHLY ATTRACTIVE RETURN ON INVESTMENT

  • BILL ACKMAN: HERTZ IS UNIQUELY WELL-POSITIONED IN THE CURRENT TARIFF ENVIRONMENT, WHERE AUTO TARIFFS ARE LIKELY TO CAUSE USED CAR PRICES TO RISE

  • BILL ACKMAN: HERTZ FLEET AND LOCATIONS MAKE IT "AN IDEAL PARTNER" FOR UBER

Source text: bit.ly/42wzT95

Further company coverage: HTZ.O

((reuters.briefs@thomsonreuters.com;))

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