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Benzinga
Benzinga
Business
Adam Eckert

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ:HTZ) are moving higher Wednesday after the company announced a buyback.

What To Know: The Hertz board approved a new $2 billion share repurchase program in addition to the $2 billion buyback that was announced in November. With approximately $200 million remaining on the previous buyback, Hertz now has a total of $2.2 billion available under the share repurchase programs. 

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