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Allison Transmission Holdings Inc (ALSN.N)

ALSN.N on New York Stock Exchange

38.68USD
28 Apr 2017
Change (% chg)

$-0.03 (-0.08%)
Prev Close
$38.71
Open
$38.82
Day's High
$39.11
Day's Low
$38.42
Volume
872,559
Avg. Vol
372,370
52-wk High
$39.25
52-wk Low
$26.36

Latest Key Developments (Source: Significant Developments)

Allison Transmission Q1 sales rose 8 pct to $499 mln
Wednesday, 26 Apr 2017 04:01pm EDT 

April 26 (Reuters) - Allison Transmission Holdings Inc ::Allison Transmission announces first quarter 2017 results.Q1 sales rose 8 percent to $499 million.Sees fy 2017 sales up 7.5 to 10.5 percent.Allison transmission holdings inc qtrly earnings per share $0.52.Q1 earnings per share view $0.35, revenue view $461.8 million -- Thomson Reuters I/B/E/S.Allison Transmission Holdings Inc sees 2017 adjusted free cash flow in range of $415 million to $455 million.Allison Transmission Holdings Inc sees 2017 capital expenditures in range of $70 million to $80 million.  Full Article

Allison Transmission entered into amendment no. 1 to amended and restated credit agreement, dated as of Sept 23
Friday, 24 Mar 2017 05:29pm EDT 

Allison Transmission Holdings Inc : Allison Transmission- On March 24 co, unit entered into amendment no. 1 to amended and restated credit agreement, dated as of September 23, 2016 . Allison Transmission Holdings Inc- Amendment refinanced approximately $1,188 million of term loan debt due September 23, 2022 - SEC Filing .Allison Transmission Holdings Inc- Amendment also reduced 0.75% libor floor to 0.00% and 1.75% floor applicable to base rate loans to 1.00%.  Full Article

Allison Transmission says William Harker of Ashe Capital will be nominated to board
Monday, 6 Feb 2017 04:06pm EST 

Allison Transmission Holdings Inc : Allison Transmission announces stock repurchase agreement with Valueact Capital and cooperation agreement with Ashe Capital . Allison Transmission Holdings - William Harker of Ashe Capital will be nominated for election to board at 2017 annual meeting of stockholders . Allison Transmission Holdings Inc- under stock repurchase agreement has agreed to repurchase 10.5 million shares of company's common stock . Allison Transmission Holdings Inc says entered into a stock repurchase agreement with Valueact Capital Master Fund L.P. .Intends to fund repurchase with cash on hand and borrowing under its revolving credit facility.  Full Article

Allison transmission reports qtrly earnings per share $ 0.36
Monday, 6 Feb 2017 04:01pm EST 

Allison Transmission Holdings Inc : Allison Transmission announces fourth quarter and full year 2016 results . Q4 sales $469 million versus i/b/e/s view $429.7 million . Qtrly earnings per share $ 0.36 . Expects 2017 net sales to be in range of up 1.5 to 4.5 percent compared to 2016 . 2017 capital expenditures are expected to be in range of $70 to $80 million . Expect Q1 net sales to be approximately flat compared to same period in 2016 . Allison Transmission Holdings sees FY 2017 adjusted EBITDA margin in range of 33.5 to 35.5 percent & adjusted free cash flow in range of $345 to $385 million . Q1 revenue view $447.5 million -- Thomson Reuters I/B/E/S .FY2016 revenue view $1.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Allison Transmission's CEO Lawrence Dewey to retire in May
Wednesday, 21 Dec 2016 04:01pm EST 

Allison Transmission Holdings Inc : Allison Transmission Holdings Inc- has entered into a new employment agreement with chairman and ceo Lawrence E. Dewey . Allison Transmission Holdings - board will consider both internal and external candidates to assume Allison Transmission's ceo position in 2018 . Allison Transmission Holdings Inc- agreement runs through May 31, 2018 at which time Dewey, currently 60 years old, intends to retire .Lawrence e. Dewey to retire as chairman and ceo of Allison Transmission in May 2018.  Full Article

Allison Transmission announces stock repurchase program
Wednesday, 16 Nov 2016 08:30am EST 

Allison Transmission Holdings Inc : Allison Transmission announces stock repurchase program . Allison Transmission Holdings Inc says board of directors has authorized a new stock repurchase program for up to $1 billion of its common stock .Expects to complete its current $500 million stock repurchase program by Dec. 31, 2016.  Full Article

Allison Transmission amends credit agreement to refinance term loan facility
Friday, 23 Sep 2016 04:29pm EDT 

Allison Transmission Holdings : Amended credit agreement to refinance about $1.2 billion term loan facility, revolving credit facility .Amendment also extended maturity date of loan facility and revolving credit facility to 2022 and 2021, respectively.  Full Article

Allison Transmission qtrly earnings per share $0.36
Wednesday, 27 Jul 2016 04:05pm EDT 

Allison Transmission Holdings Inc : Q2 earnings per share view $0.64 -- Thomson Reuters I/B/E/S . Allison Transmission announces second quarter 2016 results . Q2 sales $475 million versus I/B/E/S view $476.3 million . Sees FY 2016 sales down 9.5 to 10.5 percent .Allison Transmission Holdings Inc qtrly earnings per share $0.36.  Full Article

Allison Transmission declares quarterly dividend
Thursday, 18 Feb 2016 04:06pm EST 

Allison Transmission Holdings Inc:declared a cash dividend of $0.15 per share on the company's common stock for the first quarter of 2016.Payment will be made on March 11, to stockholders of record at the close of business on Feb. 29.  Full Article

Allison Transmission Names David S. Graziosi As President
Tuesday, 5 Jan 2016 04:01pm EST 

Allison Transmission Holdings Inc:Says that David S. Graziosi, currently Chief Financial Officer, has been promoted to the additional role of President, effective immediately.  Full Article

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