REVG $21.6000
$-0.5000
-2.26%
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 Volume (M):
748
Open :
22.06 52 Wk Avg :
15.39
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 REVG $21.6000
$-0.5000
-2.26%
|
 Volume (M):
748
Open :
22.06 52 Wk Avg :
15.39
|
|
REVG Today's High:
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$22.2037
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REVG Shares One Week Perf:
|
-5.72 %
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REVG Today's Low: |
$ 21.56 |
REVG Shares 30 Day Performance: |
12.56 % |
Number of REVG Shares Traded (M): |
748 |
REVG Share Price 52 Wk High: |
$ 23.67 |
Value of REVG's Shares Traded (M$): |
$ 16,157 |
REVG Share Price 52 Wk Avg: |
$15.39 |
Share Price at the Open: |
$22.06 |
REVG's Share Price 52 Wk Low: |
$9.85 |
News about Rev Group Inc's Stock Splits and Dividends |
MILWAUKEE REV Group, Inc. Announces Pricing of Secondary Public Offering MILWAUKEE, Wis.-- REV Group, Inc. (NYSE:REVG) made a significant announcement today regarding the pricing of a secondary public offering of its common stock. The underwritten offering, totaling 7,395,191 shares, was priced at $18.00 per share by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP, who are the selling stockholders. This news comes on the heels of an impressive quarterly performance by Rev Group Inc., which saw a 143% increase in consolidated net sales for the third quarter of 2023. The successful offering indicates strong investor confidence in the company's prospects and growth trajectory.
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The REV Group, Inc. (NYSE:REVG) made an announcement today regarding the launch of a secondary offering of common stock. American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP, collectively referred to as the Selling Stockholders, will be undertaking this offering, which will consist entirely of 7,395,191 shares of the Company's common stock. The Company itself will not be receiving any proceeds from this offering. This latest offering follows two previous announcements by REV Group, Inc. The first announcement pertained to the pricing of an underwritten public offering, whereby certain selling stockholders upsized the offering to 16,000,000 shares of common stock. The offering price was set at $16.50 per share, and the underwriters were granted an option to purchase an additional 2,400,000 shares of common stock.
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REV Group, Inc. Reports Strong First Quarter Results, Provides Updated Fiscal 2024 Outlook BROOKFIELD, Wis. - REV Group, Inc. (NYSE: REVG), a leading manufacturer of specialty and recreational vehicles, has announced its financial results for the first quarter of 2024. The company reported consolidated net sales of $586.0 million, marking a 0.4% increase compared to the same period last year. By analyzing this performance in conjunction with the previous press release, Rev Group Inc Posts Impressive 143% Increase in Consolidated Net Sales for Q3 2023, we can gain a better understanding of the company's growth trajectory. Looking at their dividend payout ratio in the fourth quarter of 2023, which decreased to 25.93%, it comes as no surprise that Rev Group Inc continues to experience a rise in earnings while keeping the payout ratio below the industry average. This begs the question of whether Rev Group Inc will increase its dividend soon. In the Consumer Discretionary sector, where the company operates, there were 37 firms with higher 12 Months dividend payout ratios.
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Milwaukee's REV Group, Inc. Announces Pricing of Public Offering Milwaukee's REV Group, Inc. (NYSE: REVG) has made headlines with the recent announcement of the pricing of a public offering, which has been upsized to 16,000,000 shares of common stock by certain selling stockholders. The offering is set at a public offering price of $16.50 per share, with the selling stockholders granting the underwriters an option to purchase up to 2,400,000 additional shares of common stock. This news comes on the heels of an impressive 143% increase in consolidated net sales for Q3 2023, showcasing REV Group's strong performance in the market. The company has proven its resilience and ability to adapt to changing market conditions, positioning itself as a leader in the industry.
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In a recent press release, MILWAUKEE REV Group, Inc. (NYSE: REVG) revealed the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders. This offering includes an option for the underwriters to purchase up to an additional 1,800,000 shares from the selling stockholders. It is important to note that REV Group itself is not selling any shares in this offering, and will not receive any proceeds from it. This news comes on the heels of a significant milestone for REV Group, as the company reported a remarkable 143% increase in consolidated net sales for Q3 2023. With 58.83 million shares outstanding and a current stock price of $17.49, shareholders are eagerly anticipating the impact of this offering on the company's financial performance and market position.
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REV Group, Inc. Completes Sale of Collins Bus Corporation to Forest River Bus, LLC in Strategic Move to Optimize Product Portfolio and Balance Sheet BROOKFIELD, Wis. - REV Group, Inc. (NYSE: REVG), a leading manufacturer of specialty vehicles, has recently made significant strides in optimizing its product portfolio and balance sheet through a series of strategic actions. The company has finalized the sale of its school bus business, Collins Bus Corporation (Collins), to Forest River Bus, LLC for a purchase price of $303.0 million in cash, subject to certain customary adjustments. This move highlights REV Group's commitment to streamlining its operations and focusing on its core businesses. The sale of Collins Bus Corporation is a key component of REV Group's overall strategy to optimize its product portfolio. By divesting from the school bus business, the company is able to reallocate its resources and concentrate on its industry-leading specialty vehicle brands, such as American Coach, Fleetwood RV, and E-ONE, among others. This strategic shift allows REV Group to sharpen its focus and investments on areas that provide the greatest growth potential and align with its long-term business objectives.
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Headline: Rev Group Inc. Posts Impressive 14.3% Increase in Consolidated Net Sales for Q3 2023 Article: BROOKFIELD, Wis. - In a recent press release, REV Group, Inc. (NYSE: REVG), a leading manufacturer of specialty vehicles, announced its financial results for the third quarter of 2023. The company reported consolidated net sales of $680.0 million, which represents a remarkable 14.3% increase compared to the same period in 2022, when net sales stood at $594.8 million. The substantial growth in consolidated net sales can be attributed primarily to higher sales volumes and improved pricing. This achievement reflects the company's ability to meet market demands efficiently while creating value for its shareholders. Shareholders are likely to benefit from this increase as it demonstrates the company's strong positioning in the specialty vehicle manufacturing industry and its ability to generate substantial revenue.
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