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Allison Transmission Holdings Inc (ALSN.N)

ALSN.N on New York Stock Exchange

45.67USD
25 Jun 2019
Change (% chg)

$0.27 (+0.59%)
Prev Close
$45.40
Open
$45.60
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$45.90
Day's Low
$45.47
Volume
446,059
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253,577
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$53.76
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$39.43

Latest Key Developments (Source: Significant Developments)

Allison Transmission Entered Into Stock Repurchase Agreement With Ashe Capital Management
Wednesday, 8 May 2019 

May 7 (Reuters) - Allison Transmission Holdings Inc ::ALLISON TRANSMISSION HOLDINGS INC - ENTERED INTO A STOCK REPURCHASE AGREEMENT ( 'STOCK REPURCHASE AGREEMENT') WITH ASHE CAPITAL MANAGEMENT.ALLISON TRANSMISSION - COMPANY AGREED TO REPURCHASE FROM ASHE 4,977,043 SHARES OF COMPANY'S COMMON STOCK FOR AGGREGATE CONSIDERATION OF $232.4 MILLION.ALLISON TRANSMISSION HOLDINGS INC - PURCHASE PRICE FOR BUYBACK EQUAL TO MAY 6, 2019 CLOSING PRICE OF $46.70 PER SHARE.ALLISON TRANSMISSION HOLDINGS INC - TRANSACTION IS EXPECTED TO CLOSE ON OR ABOUT MAY 9, 2019.ALLISON TRANSMISSION HOLDINGS INC - FOLLOWING CLOSING OF TRANSACTION, ASHE WILL OWN APPROXIMATELY 4.1% SHARES OF COMMON STOCK OF COMPANY.  Full Article

Allison Transmission Holdings Reports Q1 Earnings Per Share Of $1.32
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Allison Transmission Holdings Inc ::ALLISON TRANSMISSION ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $1.32.Q1 SALES $675 MILLION VERSUS REFINITIV IBES ESTIMATE OF $655.9 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.13 -- REFINITIV IBES DATA.SEES FY 2019 SALES $2.58 BILLION TO $2.68 BILLION.AFFIRMING FULL YEAR 2019 GUIDANCE RANGES.FY2019 REVENUE VIEW $2.62 BILLION -- REFINITIV IBES DATA.ALLISON TRANSMISSION - 2019 NET SALES GUIDANCE REFLECTS LOWER DEMAND IN N.AMERICA OFF-HIGHWAY & SERVICE PARTS, SUPPORT EQUIPMENT & OTHER END MARKETS.  Full Article

Allison Transmission Announces First Quarter 2018 Results
Tuesday, 1 May 2018 

April 30 (Reuters) - Allison Transmission Holdings Inc ::ALLISON TRANSMISSION ANNOUNCES FIRST QUARTER 2018 RESULTS.Q1 SALES $663 MILLION VERSUS I/B/E/S VIEW $574.7 MILLION.SEES FY 2018 SALES UP 10 TO 14 PERCENT.SEES 2018 CAPITAL EXPENDITURES TO BE IN THE RANGE OF $85 MILLION TO $95 MILLION.SEES 2018 NET INCOME IN THE RANGE OF $515 MILLION TO $550 MILLION.SEES 2018 ADJUSTED EBITDA IN THE RANGE OF $975 MILLION TO $1,025 MILLION.  Full Article

Allison Transmission Says Intends For Unit To Offer $400 Mln Of Senior Unsecured Notes Due 2030
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Allison Transmission Holdings Inc ::ALLISON TRANSMISSION SAYS INTENDS FOR UNIT TO COMMENCE OFFERING OF $400 MILLION OF SENIOR UNSECURED NOTES DUE 2030 IN PRIVATE PLACEMENT - SEC FILING.ALLISON TRANSMISSION - UNIT INTENDS TO USE PROCEEDS FROM OFFERING, WITH CASH ON HAND, TO REPAY $400 MILLION OF TERM B-3 LOAN, AMONG OTHERS.ALLISON TRANSMISSION - UNIT IS SEEKING TO AMEND CREDIT AGREEMENT TO REDUCE INTEREST RATE MARGIN ON TERM B-3 LOAN DUE 2022.  Full Article

Allison Transmission Q4 Earnings Per Share $1.51
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Allison Transmission Holdings Inc ::ALLISON TRANSMISSION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 SALES ROSE 25 PERCENT TO $588 MILLION.QTRLY EARNINGS PER SHARE $1.51.ALLISON EXPECTS 2018 NET SALES TO BE IN RANGE OF UP 3 TO 7 PERCENT COMPARED TO 2017.CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $85 MILLION TO $95 MILLION FOR 2018.ALLISON EXPECTS Q1 2018 NET SALES TO BE UP FROM SAME PERIOD IN 2017.Q4 REVENUE VIEW $574.1 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $2.36 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Allison Transmission declares quarterly dividend
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Allison Transmission Holdings Inc ::Allison Transmission announces increase in stock repurchase authorization and declares quarterly dividend.Allison Transmission - new authorization for repurchase of up to an additional $500 million of co's outstanding common stock​.Allison Transmission Holdings Inc - ‍new authorization brings total amount authorized under program to $1.5 billion​.  Full Article

Allison Transmission Q3 earnings per share $0.75​
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Allison Transmission Holdings Inc : :Allison Transmission announces third quarter 2017 results.Q3 sales $595 million versus I/B/E/S view $533.5 million.Sees FY 2017 sales up 21 to 22 percent.Allison Transmission Holdings Inc - ‍ net income for quarter was $111 million compared to $45 million for same period in 2016​.Allison Transmission Holdings Inc - ‍ full year 2017 guidance includes adjusted EBITDA margin in range of 37.75 percent to 38.75 percent​.Allison Transmission Holdings Inc - ‍ full year 2017 guidance includes adjusted free cash flow in range of $510 million to $530 million.Allison Transmission Holdings Inc - ‍ full year 2017 guidance includes capital expenditures in range of $90 million to $95 million.Allison Transmission Holdings Inc - ‍qtrly earnings per share attributable to common stockholders $0.75​.Allison Transmission Holdings Inc - ‍ does expect Q4 net sales to be up from same period in 2016 and down sequentially​.  Full Article

Allison Transmission's unit priced its offering of $400 mln in aggregate principal amount of 4.750% senior notes
Friday, 22 Sep 2017 

Sept 21 (Reuters) - Allison Transmission Holdings Inc :Allison Transmission Holdings Inc - ‍its unit priced its offering of $400 million in aggregate principal amount of 4.750% senior notes due 2027 - SEC filing​.Allison Transmission Holdings Inc - ‍priced offering represents a $100 million increase in size of offering from previously announced offering amount​.  Full Article

Allison Transmission announces $300 million senior notes offering
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Allison Transmission Holdings Inc :Allison Transmission announces $300 million senior notes offering.Allison Transmission Holdings Inc - ‍unit commenced an offering of $300 million in aggregate principal amount of senior unsecured notes due 2027​.  Full Article

Allison transmission Holdings's unit seeks amendment to credit agreement​
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Allison Transmission Holdings Inc ::Says on September 11, co announced its unit is seeking an amendment to its credit agreement - SEC filing​.Says unit seeking amendment to credit agreement in order to reduce interest rate margin on its Term B-3 loan due 2022​.Says in connection, co announced it intends for borrower to commence offering up to $500 million of senior unsecured notes due 2027.Says unit seeking amendment to increase revolving credit facility from $450.0 million to $550.0 million.Says to extent borrower elects to proceed with offering it currently intends to use net proceeds from offering to repay $200 million of Term B-3 loan.  Full Article