Herc Holdings’ common stock has started trading on the New York Stock Exchange under the symbol HRI.
“We are thrilled to begin the next chapter in the history of our company,” said Larry Silber, president and CEO of Herc Holdings. “We are strategically positioned to generate above-market growth with significant opportunities for operational and financial improvement. As an independent company, Herc Rentals now has the financial and operational flexibility to pursue strategies that are specific to the equipment rental business."
Herc Rentals has approximately 280 company-operated branches, mainly located in North America, more than 4600 employees and 2015 revenues of nearly US$1.7 billion. Rental products include pumps.
