
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.