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Ritchie Bros. Auctioneers Inc (RBA.TO)

RBA.TO on Toronto Stock Exchange

32.30CAD
17 Nov 2017
Change (% chg)

$0.18 (+0.56%)
Prev Close
$32.12
Open
$32.08
Day's High
$33.00
Day's Low
$31.98
Volume
150,034
Avg. Vol
149,530
52-wk High
$52.88
52-wk Low
$30.63

Latest Key Developments (Source: Significant Developments)

Ritchie Bros. Auctioneers says sold more than 3,800 equipment items and trucks for US$44 million plus
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Ritchie Bros. Auctioneers Inc ::Ritchie Bros. sells US$44+ million of equipment in Houston, Tx.Ritchie Bros. Auctioneers - sold more than 3,800 equipment items and trucks for us$44 million plus at its Houston, Tx auction site​.  Full Article

Ritchie Bros Q3 adjusted earnings per share $0.09
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Ritchie Bros. Auctioneers Inc ::Ritchie Bros. reports third quarter 2017 results.Q3 earnings per share $0.09.Q3 revenue $141 million versus I/B/E/S view $141.4 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Ritchie Bros. Auctioneers Inc qtrly ‍gross Transaction Value of $1,019.3 million, a 2% increase compared to q3 of 2016​.Ritchie Bros. Auctioneers Inc qtrly adjusted earnings per share ‍$0.09​.  Full Article

Ritchie Bros Auctioneers sells CA$94+ mln of equipment in Edmonton October auction
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Ritchie Bros. Auctioneers Inc :Ritchie Bros Auctioneers Inc - ‍sold more than 6,800 equipment items and trucks for CA$94+ million​.  Full Article

Ritchie bros sells about C$728 mln of equipment in Edmonton in 2016
Monday, 12 Dec 2016 

Ritchie Bros Auctioneers Inc : Ritchie bros auctioneers inc - sale includes last week's two-day auction on december 8 - 9, when 4,500+ items were sold for ca$66+ million (us$50+ million) .Ritchie bros. Sells ca$728+ million of equipment and trucks in edmonton, ab in 2016.  Full Article

Ritchie Bros Auctioneers to buy Ironplanet for about $758.5 mln
Tuesday, 30 Aug 2016 

Ritchie Bros. Auctioneers Inc : Will acquire Ironplanet for approximately $758.5 million, subject to customary closing adjustments . Intends to finance transaction through a combination of cash on hand and new debt . Has bridge financing commitments from Goldman Sachs Bank USA . Transaction is expected to be accretive to earnings within first year . Following close and required financing, Ritchie Bros is expected to have a net debt to EBITDA ratio of no more than 3.0x .Gregory Owens has agreed to join combined company's executive committee upon closing.  Full Article

Ritchie Bros and Caterpillar announce strategic alliance
Tuesday, 30 Aug 2016 

Ritchie Bros. Auctioneers Inc : Ritchie Bros. and Caterpillar Inc announce strategic alliance . Strategic alliance between Ritchie Bros and Caterpillar will have an initial five-year term . Ritchie Bros to become preferred provider to caterpillar and participating dealers for caterpillar equipment upon closing of acquisition of ironplanet . New strategic alliance will become effective when Ritchie Bros completes its acquisition of Ironplanet .New strategic alliance replaces and expands on existing agreements in place between Caterpillar, its dealers and Ironplanet.  Full Article

Ritchie Bros Reports second quarter 2016 results
Tuesday, 9 Aug 2016 

Ritchie Bros. Auctioneers Inc : Ritchie Bros. Reports second quarter 2016 results . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.37 . Q2 revenue $158.8 million versus I/B/E/S view $161 million . Increasing quarterly cash dividend by 6% to $0.17 per share ."we had a difficult Q2 with modest revenue growth and a decline in eps versus same period last year".  Full Article

Ritchie Bros announces acquisition of Petrowsky Auctioneers
Wednesday, 3 Aug 2016 

Ritchie Bros. Auctioneers Inc : Ritchie bros. Announces acquisition of petrowsky auctioneers . Purchased assets of petrowsky auctioneers inc. For cash consideration of us$7 million . Additional consideration may be provided, contingent upon certain operating performance targets being achieved over next 3 years . Petrowsky brand will be maintained as a brand extension within ritchie bros. Family of brands . Ritchie bros. Announces acquisition of petrowsky auctioneers .Sammy piotrkowski, founder of petrowsky auctioneers, will continue to lead this business for ritchie bros.  Full Article

Ritchie Bros reports Q1 adj. earnings per share $0.27
Monday, 9 May 2016 

Ritchie Bros. Auctioneers Inc : Ritchie Bros reports first quarter 2016 results . Q1 adjusted earnings per share $0.27 . Q1 earnings per share view $0.21 -- Thomson Reuters I/B/E/S .Q1 earnings per share $0.27.  Full Article

Ritchie Bros. Auctioneers declares quarterly dividend
Monday, 25 Jan 2016 

Ritchie Bros. Auctioneers Inc:Declares a quarterly cash dividend of US$0.16 per common share.Payable on March 4, 2016 to shareholders of record on February 12, 2016.  Full Article