Localiza Rent A Car SA (1LOA.BE)
| Previous Close | 9.10 |
| Open | 9.10 |
| Bid | 7.75 x 0 |
| Ask | 10.50 x 0 |
| Day's Range | 9.10 - 9.10 |
| 52 Week Range | 8.95 - 14.60 |
| Volume | |
| Avg. Volume | 0 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
GuruFocus.comLocaliza Rent A Car SA's Dividend Analysis
As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localiza's car rental locations, while the majority of cars accessible with Localiza are owned by the company.
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- Reuters
Brazil's Localiza launches $935.5 million share offering to expand fleet
Brazilian car rental company Localiza said on Friday it will launch a follow-on share offering aimed at raising as much as 4.5 billion reais ($935.51 million) to expand its car fleet and service network. The primary offering will initially comprise 60.02 million new shares, Localiza said in a securities filing, but could be increased by up to 12.5% if demand allows it. "We remain 'Overweight' on Localiza (as) we continue to like the rental space on the back of compelling growth potential and the benefit of lower interest rates," the analysts said in a note to clients.
