Articles from Allison Transmission Holdings Inc.
Allison Transmission Announces a 9% Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.23 to $0.25 per share on the Company’s common stock and has declared a cash dividend of $0.25 per share on the Company’s common stock for the first quarter of 2024. Payment will be made on March 15, to stockholders of record at the close of business on March 4.
By Allison Transmission Holdings Inc. · Via Business Wire · February 21, 2024
Allison Transmission Announces Record Fourth Quarter and Full Year 2023 Results
Allison Transmission Holdings Inc. (NYSEALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net sales to a record $3.04 billion. Diluted EPS for the year increased 34 percent from 2022 to a record $7.40.
By Allison Transmission Holdings Inc. · Via Business Wire · February 13, 2024
Allison Transmission Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its fourth quarter and full year 2023 financial results conference call at 5:00 p.m. EST on Tuesday, February 13, 2024. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Tuesday, February 13.
By Allison Transmission Holdings Inc. · Via Business Wire · January 23, 2024
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the fourth quarter of 2023. Payment will be made on November 30, 2023, to stockholders of record at the close of business on November 13, 2023.
By Allison Transmission Holdings Inc. · Via Business Wire · November 2, 2023
Allison Transmission Announces Third Quarter 2023 Results
Allison Transmission Holdings Inc. (NYSEALSN), today reported third quarter net sales of $736 million, a 4 percent increase from the same period in 2022 and diluted EPS of $1.76, a 21 percent increase from the same period in 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · October 25, 2023
Allison Transmission Schedules Third Quarter 2023 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2023 financial results conference call at 5:00 p.m. EDT on Wednesday, October 25, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, October 25.
By Allison Transmission Holdings Inc. · Via Business Wire · October 4, 2023
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the third quarter of 2023. Payment will be made on August 31, 2023, to stockholders of record at the close of business on August 14, 2023.
By Allison Transmission Holdings Inc. · Via Business Wire · August 3, 2023
Allison Transmission Announces Second Quarter 2023 Results
Allison Transmission Holdings Inc. (NYSEALSN), today reported second quarter net sales of $783 million, an 18 percent increase from the same period in 2022 and diluted EPS of $1.92, a 52 percent increase from the same period in 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · July 27, 2023
Allison Transmission Schedules Second Quarter 2023 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its second quarter 2023 financial results conference call at 5:00 p.m. EDT on Thursday, July 27, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Thursday, July 27.
By Allison Transmission Holdings Inc. · Via Business Wire · July 6, 2023
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the second quarter of 2023. Payment will be made on May 31, 2023, to stockholders of record at the close of business on May 15, 2023.
By Allison Transmission Holdings Inc. · Via Business Wire · May 3, 2023
Allison Transmission Announces First Quarter 2023 Results
Allison Transmission Holdings Inc. (NYSEALSN), today reported first quarter net sales of $741 million, a 9 percent increase from the same period in 2022, and diluted EPS of $1.85, a 42 percent increase from the same period in 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · April 27, 2023
Allison Transmission Schedules First Quarter 2023 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its first quarter 2023 financial results conference call at 5:00 p.m. EDT on Thursday, April 27, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Thursday, April 27.
By Allison Transmission Holdings Inc. · Via Business Wire · April 5, 2023
Allison Transmission to Present at Raymond James’ 2023 Annual Institutional Investors Conference
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that G. Frederick Bohley, Senior Vice President, Chief Financial Officer & Treasurer, and Jacalyn Bolles, Executive Director of Treasury and Investor Relations, will present at the Raymond James 44th Annual Institutional Investors Conference, to be held at the JW Marriott Orlando, Grande Lakes on Tuesday, March 7, 2023. The management team will present in-person at 4:00 p.m. EST.
By Allison Transmission Holdings Inc. · Via Business Wire · March 1, 2023
Allison Transmission Announces Fourth Quarter and Full Year 2022 Results
Allison Transmission Holdings Inc. (NYSEALSN) today reported an 11 percent increase in fourth quarter net sales from the same period in 2021, leading to record full year net sales and diluted EPS, driven by the realization of growth initiatives and further improvement in operating performance.
By Allison Transmission Holdings Inc. · Via Business Wire · February 15, 2023
Allison Transmission Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its fourth quarter and full year 2022 financial results conference call at 5:00 p.m. EDT on Wednesday, Feb. 15. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, Feb. 15.
By Allison Transmission Holdings Inc. · Via Business Wire · January 25, 2023
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the fourth quarter of 2022. Payment will be made on November 30, 2022, to stockholders of record at the close of business on November 21, 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · November 7, 2022
Allison Transmission to Present at Baird’s 2022 Global Industrial Conference
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that Senior Vice President, Chief Financial Officer and Treasurer Frederick Bohley will present at Robert W. Baird & Co.’s 2022 Global Industrial Conference at The Ritz-Carlton, Chicago on Wednesday, Nov. 9 at 2:20 p.m. CST.
By Allison Transmission Holdings Inc. · Via Business Wire · October 27, 2022
Allison Transmission Announces Third Quarter 2022 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported net sales for the third quarter of $710 million, a 25 percent increase from the same period in 2021, driven by resilient customer demand despite persistent supply chain challenges, price increases and the continued execution of growth initiatives.
By Allison Transmission Holdings Inc. · Via Business Wire · October 26, 2022
Allison Transmission Schedules Third Quarter 2022 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2022 financial results conference call at 5:00 p.m. EDT on Wednesday, Oct. 26. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, Oct. 26.
By Allison Transmission Holdings Inc. · Via Business Wire · October 5, 2022
Allison Transmission Announces Board Changes
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has taken a range of Board refreshment actions, including naming Richard P. Lavin to succeed Thomas W. Rabaut as Lead Independent Director effective as of the date of the 2023 annual meeting of stockholders. Additionally, four new independent directors, Philip J. Christman, Sasha Ostojic, Gustave F. Perna and Krishna Shivram, have been appointed to the Board, effective immediately. Finally, four directors, including Rabaut, will retire from the Board and not stand for re-election at the 2023 annual meeting. These actions will increase the size of the Board to fourteen directors until the 2023 annual meeting.
By Allison Transmission Holdings Inc. · Via Business Wire · August 9, 2022
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the third quarter of 2022. Payment will be made on August 31, 2022, to stockholders of record at the close of business on August 22, 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · August 8, 2022
Allison Transmission Announces Second Quarter 2022 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported net sales for the second quarter of $664 million, a 10 percent increase from the same period in 2021, driven by price increases, resilient customer demand despite persistent supply chain challenges and the continued execution of growth initiatives.
By Allison Transmission Holdings Inc. · Via Business Wire · August 3, 2022
Allison Transmission Schedules Second Quarter 2022 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its second quarter 2022 financial results conference call at 5:00 p.m. ET on Wednesday, August 3. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, August 3.
By Allison Transmission Holdings Inc. · Via Business Wire · July 13, 2022
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the second quarter of 2022. Payment will be made on May 27, 2022, to stockholders of record at the close of business on May 16, 2022.
By Allison Transmission Holdings Inc. · Via Business Wire · May 4, 2022
Allison Transmission Announces First Quarter 2022 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, today reported net sales for the first quarter of $677 million, a 15 percent increase from the same period in 2021 and the strongest revenue quarter since 2019, as production continues to accelerate to meet resilient customer demand, and is further driven by the continued execution of Allison’s growth initiatives.
By Allison Transmission Holdings Inc. · Via Business Wire · April 27, 2022
Allison Transmission Schedules First Quarter 2022 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its first quarter 2022 financial results conference call at 5:00 p.m. ET on Wednesday, April 27. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, April 27.
By Allison Transmission Holdings Inc. · Via Business Wire · April 6, 2022
Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to $0.21 per share on the Company’s common stock and has declared a cash dividend of $0.21 per share on the Company’s common stock for the first quarter of 2022. Payment will be made on March 18, to stockholders of record at the close of business on March 7.
By Allison Transmission Holdings Inc. · Via Business Wire · February 24, 2022
Allison Transmission Announces Fourth Quarter and Full Year 2021 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 20 percent increase in net sales from the same period in 2020, and a 14 percent increase from the third quarter of 2021, resulting in the strongest revenue quarter of the year, as production accelerated to meet robust customer demand.
By Allison Transmission Holdings Inc. · Via Business Wire · February 16, 2022
Allison Transmission Schedules Fourth Quarter and Full Year 2021 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, today announced that it will hold its fourth quarter and full year 2021 financial results conference call at 5:00 p.m. ET on Wednesday, February 16. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, February 16.
By Allison Transmission Holdings Inc. · Via Business Wire · January 26, 2022
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the fourth quarter of 2021. Payment will be made on November 30, 2021, to stockholders of record at the close of business on November 22, 2021.
By Allison Transmission Holdings Inc. · Via Business Wire · November 2, 2021
Allison Transmission Announces Third Quarter 2021 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 7 percent increase in net sales from the same period in 2020 as robust customer demand and the ongoing recovery in global economic activity remains tempered by persisting commercial vehicle industry production constraints due to global supply chain challenges.
By Allison Transmission Holdings Inc. · Via Business Wire · October 27, 2021
Allison Transmission Reschedules Third Quarter 2021 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it has rescheduled its third quarter 2021 financial results conference call to 5:00 p.m. ET on Wednesday, October 27, from 8:00 am ET on Thursday, October 28. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, October 27.
By Allison Transmission Holdings Inc. · Via Business Wire · October 18, 2021
Allison Transmission Schedules Third Quarter 2021 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it will hold its third quarter 2021 financial results conference call at 8:00 a.m. ET on Thursday, October 28. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, October 27.
By Allison Transmission Holdings Inc. · Via Business Wire · October 13, 2021
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the third quarter of 2021. Payment will be made on August 27, 2021, to stockholders of record at the close of business on August 16, 2021.
By Allison Transmission Holdings Inc. · Via Business Wire · August 6, 2021
Allison Transmission Announces Second Quarter 2021 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 60 percent increase in net sales from the same period in 2020, as the recovery in customer demand and the global economy continue to strengthen, despite ongoing industry production constraints due to global supply chain challenges.
By Allison Transmission Holdings Inc. · Via Business Wire · July 28, 2021
Allison Transmission Schedules Second Quarter 2021 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems today announced that it will hold its second quarter 2021 financial results conference call at 8:00 a.m. ET on Thursday, July 29. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, July 28.
By Allison Transmission Holdings Inc. · Via Business Wire · July 14, 2021
Allison Transmission Declares Quarterly Dividend
Allison Transmission Holdings Inc. (NYSEALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the second quarter of 2021. Payment will be made on May 28, 2021, to stockholders of record at the close of business on May 17, 2021.
By Allison Transmission Holdings Inc. · Via Business Wire · May 6, 2021
Allison Transmission Announces First Quarter 2021 Results
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today reported net sales for the first quarter of $588 million, a 10 percent increase from the fourth quarter of 2020 and an 8 percent decrease from the same period in 2020, as the recovery in customer demand and the global economy that began in the second half of 2020 continued through the first quarter of 2021.
By Allison Transmission Holdings Inc. · Via Business Wire · April 28, 2021
Allison Transmission Receives Certification from California Air Resources Board for Model Year 2021 Electric Hybrid Propulsion System Paired with Cummins Engines
Allison Transmission Holdings Inc. and Cummins Inc. today announced they have received annual certification from the California Air Resources Board (ARB) for model year 2021 Allison Hybrid 40/50 Electric Propulsion (H 40/50 EP™) system paired with the Cummins B6.7 and L9 diesel-electric hybrid engines.
By Allison Transmission Holdings Inc. · Via Business Wire · April 26, 2021
Allison Transmission Schedules First Quarter 2021 Earnings Conference Call
Allison Transmission Holdings Inc. (NYSEALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it will hold its first quarter 2021 financial results conference call at 5:00 p.m. ET on Wednesday, April 28. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, April 28.
By Allison Transmission Holdings Inc. · Via Business Wire · April 14, 2021