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Allison Transmission Holdings Inc (ALSN.K)

ALSN.K on New York Consolidated

41.28USD
15 Dec 2017
Change (% chg)

$0.50 (+1.23%)
Prev Close
$40.78
Open
$40.88
Day's High
$41.46
Day's Low
$40.86
Volume
1,888,640
Avg. Vol
1,818,024
52-wk High
$45.69
52-wk Low
$32.80

Latest Key Developments (Source: Significant Developments)

Allison Transmission declares quarterly dividend
Wednesday, 8 Nov 2017 04:05pm EST 

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​
Monday, 30 Oct 2017 04:01pm EDT 

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
Thursday, 21 Sep 2017 05:41pm EDT 

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 07:12am EDT 

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 12:52pm EDT 

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

Allison Transmission announces David Graziosi as next CEO
Wednesday, 30 Aug 2017 04:17pm EDT 

Aug 30 (Reuters) - Allison Transmission Holdings Inc ::Allison Transmission announces David S. Graziosi as next CEO.Allison Transmission Holdings Inc -‍ president and chief financial officer David S. Graziosi will succeed CEO Lawrence E. Dewey on June 1, 2018​.Allison Transmission Holdings Inc says ‍lawrence E. Dewey will retire as CEO on May 31​.Allison Transmission - ‍board will consider both internal, external candidates to assume Allison's CFO position & implement an appropriate transition plan​.  Full Article

Allison Transmission qtrly earnings per share $0.63
Monday, 31 Jul 2017 04:01pm EDT 

July 31 (Reuters) - Allison Transmission Holdings Inc :Allison Transmission announces second quarter 2017 results.Q2 sales $580 million versus I/B/E/S view $511.8 million.Sees FY 2017 sales up 15 to 17 percent.Allison Transmission Holdings Inc qtrly earnings per share $0.63.Allison Transmission Holdings Inc sees FY 2017 adjusted EBITDA margin in range of 35.5 to 36.5 percent.Allison Transmission Holdings Inc sees FY 2017 adjusted free cash flow in range of $485 to $505 million.Sees 2017 capital expenditures in range of $85 to $95 million.FY2017 revenue view $2.01 billion -- Thomson Reuters I/B/E/S.  Full Article

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

BRIEF-Allison Transmission Promotes Otto Szalavari To Managing Director Of Global Marketing

* ALLISON TRANSMISSION PROMOTES OTTO SZALAVARI TO MANAGING DIRECTOR OF GLOBAL MARKETING Source text for Eikon: Further company coverage: