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Avis Budget Group, Inc.
NASDAQ · Industrials · Rental & Leasing Services · US
$138.79
+0.20%Sep 1, 2026, 20:29 UTC
Ravi Simhambhatla departed as Executive Vice President and Chief Digital & Innovation Officer of Avis Budget Group, effective September 30, 2026.
Aug 15, 2026, 02:00 UTC
Kahn Swick & Foti, LLC announced a class action securities lawsuit against Avis Budget Group, Inc. on behalf of investors who acquired Avis securities between February 20, 2025 and April 21, 2026, pending in the United States District Court for the Middle District of Florida.
Source:Aug 13, 2026, 07:31 UTC
Assenagon Asset Management S.A. reduced its stake in Avis Budget Group, Inc. by 88.5% during the quarter, selling 279,267 shares and retaining 36,288 shares, as disclosed to the SEC.
Source:Aug 5, 2026, 23:59 UTC
A proposed securities class action was filed on July 31, 2026, in the US District Court for the Middle District of Florida, accusing Pentwater Capital Management and its founder of manipulating Avis Budget Group's stock through a pump-and-dump scheme.
Source:Aug 5, 2026, 20:05 UTC
Verra Mobility entered into a seven-year contract extension with Avis Budget Group, Inc.
Source:Aug 4, 2026, 16:47 UTC
A shareholder filed a securities class action lawsuit against Avis Budget Group, Inc. on behalf of investors who acquired its securities between February 20, 2025 and April 21, 2026.
Aug 2, 2026, 15:58 UTC
An Avis customer was charged $6,288.22 for a week-long unlimited-mileage rental after the company claimed he drove 95,000 miles, and the customer disputes the charge.
Source:Jul 28, 2026, 21:05 UTC
Verra Mobility reached a framework agreement with Avis Budget Group on key commercial terms for a new seven-year tolling and violations services contract.
Jul 28, 2026, 20:09 UTC
Avis Budget Group reported financial results for the second quarter ended June 30, 2026, with revenues of $3.0 billion, net income of $63 million, and Adjusted EBITDA of $286 million.
Jul 1, 2026, 00:00 UTC
Avis Budget Group amended its credit agreement, refinancing its existing $2 billion revolving facility into a new $2 billion 2031 Revolving Facility and adding a new $200 million 2028 Revolving Facility, both secured and maturing on June 29, 2031 and June 29, 2028 respectively.
Jun 22, 2026, 23:17 UTC
Hedge fund Pentwater Capital agreed to pay Avis $650 million to settle a lawsuit related to rapid stock sales during volatile price swings.
Jun 22, 2026, 21:54 UTC
Avis Budget Group Inc. released earnings figures on July 31.
Source:Jun 12, 2026, 00:00 UTC
Avis Budget Group issued $685.75 million in asset-backed notes (Series 2026-3 and 2026-4) secured by its domestic rental car fleet.
Jun 2, 2026, 15:41 UTC
Verra Mobility Corporation announced that CEO David Roberts left the company on June 1, 2026.