Articles from United Rentals, Inc.

United Rentals, Inc. (NYSEURI) announced today that its Board of Directors increased the company’s quarterly dividend by 10% and declared a quarterly dividend of $1.79 per share, payable on February 26, 2025 to stockholders of record as of February 12, 2025.

United Rentals, Inc. (NYSEURI) today announced financial results for the fourth quarter of 2024 and reported its full-year1 results on Form 10-K. The company also announced its full-year 2025 guidance and that its Board of Directors has approved a 10% increase to the company’s quarterly dividend.

United Rentals, Inc. (NYSEURI) (“United Rentals” or “URI”) today announced that its indirect wholly-owned subsidiary, UR Merger Sub VII Corporation, a Delaware corporation (“Merger Sub”), has commenced the previously announced cash tender offer to purchase all of the issued and outstanding shares of common stock, par value $0.01 per share (the “Shares”), of H&E Equipment Services, Inc. NASDAQ: HEESNASDAQHEES)

United Rentals, Inc. (NYSEURI) today announced Julie Brandt has joined the company’s board of directors, effective immediately. Her appointment expands the composition of the board to 11 members, nine of which are independent directors.

United Rentals, Inc. (NYSEURI) will hold its fourth quarter and full year 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 30, 2025 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI) (“United Rentals” or “the company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals NASDAQ: HEESNASDAQHEES)

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, has launched its Excavation Safety Training for Competent Persons Program, offering an interactive approach to teaching trench and excavation safety. Designed to enhance compliance and productivity, the program has engaging activities for the learner to apply their knowledge in key areas tailored to one of most hazardous tasks in construction.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced it has received the 2024 HIRE Vets Medallion Platinum Award and 2025 Military Friendly® Employer Gold recognition. The awards highlight United Rentals’ comprehensive efforts to recruit, employ and retain the nation’s veterans.

United Rentals, Inc. (NYSEURI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on November 27, 2024 to shareholders of record at the close of business on November 13, 2024.

United Rentals, Inc. (NYSEURI) today announced financial results for the third quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue, adjusted EBITDA1, rental capital expenditures and net cash provided by operating activities.

United Rentals, Inc. (NYSEURI) will hold its third quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 24, 2024 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today introduced ProBox OnDemand, a Bluetooth-enabled automated tool tracking system. ProBox OnDemand ensures that workers have the right tools exactly when and where they need them, and tracks tools in real time to reduce worksite tool loss significantly.

United Rentals, Inc. (NYSEURI) today announced that it will participate in the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on August 28, 2024 to shareholders of record at the close of business on August 14, 2024.

United Rentals, Inc. (NYSEURI) today announced financial results for the second quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue and adjusted EBITDA1.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced that United Academy - the company’s training arm - has marked its tenth anniversary. United Academy is the industry’s largest training program, offering training courses and OSHA certifications to help customers develop a stronger, safer workforce.

United Rentals, Inc. (NYSEURI) will hold its second quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 25, 2024 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today reported strong adoption across digital platforms, including Total Control©, United Rentals Mobile App™, and the online marketplace. During Q1 2024, over 70% of United Rentals' revenue came from customers who use one or more digital tools to support their safety, productivity and sustainability objectives.

United Rentals, Inc. (NYSEURI) today announced its selection for Newsweek's list of the Most Trustworthy Companies in America 2024 for the third year in a row. This recognition, presented by Newsweek and Statista, Inc., the world's leading statistics portal and industry ranking provider, underscores an unwavering commitment to trust and transparency in United Rentals' culture and business.

United Rentals, Inc. (NYSEURI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on May 22, 2024 to stockholders of record at the close of business on May 8, 2024.

United Rentals, Inc. (NYSEURI) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financial contribution from the company’s acquisition of Yak1 on March 15, 2024.

United Rentals, Inc. (NYSEURI) will hold its first quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 25, 2024 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it has been recognized as one of America’s Best Employers 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

United Rentals, Inc. (NYSEURI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses were funded through a combination of newly issued senior unsecured notes and existing capacity under the company’s ABL facility.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced it has added battery energy systems for tower cranes to its North American rental fleet. Developed by Termaco in collaboration with United Rentals, this innovative system provides clean, sustainable power that enables contractors to reduce fuel consumption and equipment-related downtime while achieving quieter, lower-emission jobsites.

United Rentals, Inc. (NYSEURI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering.

United Rentals, Inc. (NYSEURI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2034 (the “Notes”) in a private offering.

United Rentals, Inc. (NYSEURI) (“United Rentals” or “the company”) today announced that it has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity (“Platinum”) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions.

United Rentals, Inc. (NYSEURI) today announced that it will participate in the 16th Annual Evercore ISI Industrial Conference on Tuesday, March 5, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI) today announced that it will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced a next-generation access management solution that seamlessly manages jobsite and equipment access through RFID badges. This single-badge, multi-use solution can increase jobsite visibility and control for safer, more efficient operations.

United Rentals, Inc. (NYSEURI) today announced financial results for the fourth quarter of 2023 and reported its full-year results on Form 10-K. The company also announced its full-year 2024 guidance and an enhanced capital allocation strategy focused on balancing growth and returns to drive shareholder value that includes a lower targeted full-cycle leverage range, its intention to repurchase $1.5 billion of common stock in 2024 and a 10% increase in its dividend per share.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today outlined ways companies can implement sustainable business practices that reduce equipment greenhouse gas (GHG) emissions while maintaining jobsite productivity and safety. United Rentals released a white paper, "Roadmap to Low-Emission and Zero-Emission Jobsites," which shares four practical steps to reduce emissions and the tools and equipment to make sustainability strategies a reality on the jobsite.

United Rentals, Inc. (NYSEURI) will hold its fourth quarter and full year 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 25, 2024 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it was selected as one of the U.S. Best Managed Companies in the Drucker Institute’s annual Management Top 250 ranking. The prestigious award, presented by The Wall Street Journal, recognizes well-run companies that deliver value to customers, employees and investors.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced the Estimated Emissions dashboard, a groundbreaking digital tool that enables users to view rental equipment and jobsites through the lens of current and historical estimated carbon emissions. The tool is available through the United Rentals cloud-based fleet management platform, Total Control®.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today introduced new equipment access management capabilities and an enhanced rental experience within the United Rentals Mobile App™.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced it is the proud recipient of the following three awards: 2023 HIRE Vets Medallion Award, 2024 Military Friendly® Employer, Gold and 2023 Military Times Best for Vets.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced it was selected to the Forbes list of America’s Best Employers for Women 2023.

United Rentals, Inc. (NYSEURI) today announced financial results for the third quarter of 2023 and reaffirmed its full-year 2023 guidance.

United Rentals, Inc. (NYSEURI) will hold its third quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 26, 2023 at 8:30 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world's largest equipment rental company, today announced it was selected to the TIME World's Best Companies 2023 list. The award recognizes United Rentals as among the top-performing companies across the globe.

United Rentals, Inc. (NYSEURI) today announced that Dale Asplund, executive vice president and chief operating officer, will be leaving the company on September 29, 2023, to take the role of president and chief executive officer at another public company outside of the equipment rental industry. Mr. Asplund joined United Rentals in 1998, and was named chief operating officer in 2019. He will remain in an active role with United Rentals through September 29 to ensure a smooth transition to Michael Durand, who is being promoted to chief operating officer.

United Rentals, Inc. (NYSEURI) today announced financial results for the second quarter of 2023 and raised its full-year 2023 guidance.

United Rentals, the world’s largest equipment rental company, today released its 2022 Corporate Responsibility Report. This comprehensive report showcases the company's dedication to sustainability, culture and governance and includes important updates from 2022 and 2023.

United Rentals, Inc. (NYSEURI) today announced the appointment of Sybil Collins as vice president, treasurer, effective immediately. In this role, Ms. Collins will have responsibility for all treasury functions, including capital strategy, cash management, inter-company financing, foreign exchange, interest rate management, and related areas of risk management. She assumes responsibility from Irene Moshouris, who is retiring, and will report to Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI) will hold its second quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, July 27, 2023 at 11:00 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today outlined ways companies can create more efficient and sustainable worksites using hybrid power solutions. Battery energy storage systems (BESS) are leading the transformation in portable power by storing energy from an energy source such as a power grid or generator.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced an online series of trench safety educational sessions that support the 2023 Trench Safety Stand Down, which takes place June 19-23, 2023. The free training events raise awareness around trench and excavation practices to help contractors and utilities improve worksite productivity and keep workers safe.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, will host an Investor Day in New York City today, Wednesday, May 31, 2023, starting at 1:00 p.m. (ET). The event is expected to conclude at approximately 4:15 p.m. (ET).

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it has earned the designation VETS Indexes 5 Star Employer in the 2023 VETS Indexes Employer Awards. The award recognizes the organization’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. Nearly 10 percent of United Rentals employees are military veterans.

United Rentals, Inc. (NYSEURI) today announced the appointment of Elizabeth Grenfell as vice president, investor relations, effective immediately. In this role, Ms. Grenfell is responsible for managing communications between the company’s leadership, current and future investors, and the broader financial community. She assumes responsibility for investor relations from Ted Grace, who has served as the company’s primary investor contact since 2016 and is currently chief financial officer.

United Rentals, Inc. (NYSEURI) today announced financial results for the first quarter of 2023 and reaffirmed its full-year 2023 guidance.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today introduced JuiceBox mobile power generators to its equipment rental fleet. The generators can be powered by safe and clean propane or natural gas, providing a low-emissions alternative to diesel machines to charge electric vehicles, tools, and other equipment, advancing worksite electrification strategies.

United Rentals, Inc. (NYSEURI) will hold its first quarter 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 27, 2023 at 11:00 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it will host an Investor Day in New York City on Wednesday, May 31, 2023.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced that its 2023 Spring Used Equipment Sale Event will take place at 176 United Rentals locations in the United States and Canada on Thursday, March 23.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it has surpassed 335,000 pieces of equipment outfitted with telematics technology in its rental fleet. The equipment includes aerial work platforms, earthmoving equipment, generators, all-electric trucks, compressors, e-dumpsters, light towers and more.

United Rentals, Inc. (NYSEURI) today announced that it will participate in the 15th Annual Evercore ISI Industrial Conference on Tuesday, March 7, 2023. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI) today announced that it will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it was included on the Wall Street Journal Management Top 250 list, developed by the Drucker Institute, which recognizes companies for “doing the right things well.” The Management Top 250 ranking measures corporate effectiveness by examining performance in five areas: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength.

United Rentals, Inc. (NYSEURI) today announced financial results for the fourth quarter of 2022 and reported its full-year results on Form 10-K. The company also announced its full-year 2023 guidance, the initiation of a quarterly dividend of $1.48 per share, equating to an initial annualized yield of approximately 1.5%, and its plan to restart its share repurchase program, with the intent to buyback $1.0 billion of common stock in 2023.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it was selected for the Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2023. Unlike other workplace awards, this award is based solely on the input of employees, who voluntarily provide anonymous feedback by completing a company review about their job, work environment and employer on Glassdoor, a leader in job and company insights.

United Rentals, Inc. (NYSEURI) will hold its fourth quarter and full year 2022 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 26, 2023 at 11:00 a.m. Eastern Time.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it was named to the 2023 JUST 100, a ranking of America’s largest publicly traded companies on environmental, social and corporate governance (ESG) issues. JUST 100 is a preeminent list of companies that are doing right by all their stakeholders – employees, customers, communities and the environment – while also generating strong performance for shareholders.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it was selected as one of America’s Most Responsible Companies 2023 by Newsweek. United Rentals has been chosen four consecutive years for this prestigious list which was established in 2020 and recognizes the top 500 most responsible companies in the United States. The award acknowledges United Rentals for its excellence in corporate social responsibility, including environmental, social and corporate governance (ESG) programs.

United Rentals, Inc. (NYSEURI) today announced that it has completed its previously announced acquisition of the assets of Ahern Rentals, Inc. for approximately $2.0 billion in cash. The transaction and related expenses were funded through a combination of newly issued senior secured notes and existing capacity under the company’s ABL facility.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced its online rental catalog now includes emissions level information for all equipment. The ability to see the emissions level when selecting equipment helps companies make more informed decisions to choose the right equipment that supports their jobsite needs and sustainability goals.

United Rentals, Inc. (NYSEURI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.5 billion principal amount of 6.00% Senior Secured Notes due 2029 (the “Notes”) in a private offering.

United Rentals, Inc. (NYSEURI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.5 billion principal amount of Senior Secured Notes due 2029 (the “Notes”) in a private offering.

United Rentals, Inc. (NYSEURI) today announced that the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the agreement. The transaction is expected to close prior to year-end 2022, subject to customary conditions.

United Rentals, Inc. (NYSEURI) today announced that Ted Grace has been appointed executive vice president and chief financial officer, effective November 3, 2022. Mr. Grace has served as interim chief financial officer of United Rentals since July 29, 2022, and as the company’s primary investor contact since 2016.

United Rentals, Inc. (NYSEURI) ), the world’s largest equipment rental company, today announced it has provided all-electric trucks to Shell for use at its Geismar (La.) Chemical Manufacturing site. Shell is using the rental equipment to support plant maintenance operations as part of an on-site electric vehicle (EV) mobility pilot program. The program will test and evaluate electric vehicle use at the manufacturing facility to support future development of low-carbon, green fleet strategies for rental and Shell-owned vehicles.

United Rentals, Inc. (NYSEURI) today announced financial results for the third quarter of 2022 and raised its full-year guidance for total revenue, adjusted EBITDA, and gross and net rental capital spending.

United Rentals, Inc. (NYSEURI), the world’s largest equipment rental company, today announced it is adding several hydrogen power generators to its North American rental fleet in the coming months. With the generators, United Rentals customers will have a zero-emissions power solution to charge electric vehicles and tools, and other equipment, advancing worksite electrification strategies.