The Shyft Group, Inc. - Common Stock (SHYF)

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Ademi LLP is investigating Shyft (NASDAQSHYF) for possible breaches of fiduciary duty and other violations of law in its transaction with Aebi Schmidt.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The Shyft Group (NASDAQSHYF) to Aebi Schmidt Group is fair to Shyft shareholders. Under the terms of the proposed transaction, each outstanding share of Shyft common stock will be exchanged for 1.04 shares of the combined company’s common stock. Upon closing, Shyft shareholders will own 48 percent of the combined company.

Program provides seamless, cost-efficient solutions for mutual customers of Shyft and Ford

NOVI, Mich., March 04, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced that management will be hosting analysts and investors at upcoming sell-side conferences and an industry tradeshow in March.

Advanced work truck solutions highlight the collective expertise of Shyft’s diverse brand portfolio

NOVI, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the fourth quarter and full-year ending December 31, 2023.

NOVI, Mich., Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, will announce its fourth quarter and year-end 2023 financial results prior to the market opening on Thursday, February 22, 2024. A conference call and webcast will begin at 8:30 A.M. Eastern Time.

NOVI, Mich., Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. 

Jacob Farmer Appointed President of Fleet Vehicles and Services

NOVI, Mich., Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Jon Douyard, Chief Financial Officer, will participate in the Baird 2023 Global Industrial Conference in Chicago on November 7, 2023. The Company will be hosting one-on-one meetings with institutional investors throughout the day.

NOVI, Mich., Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. 

The Shyft Group (NASDAQSHYF) (“Shyft” or “the Company”), the North American leader in specialty vehicle manufacturing, announced that it has appointed John Dunn, as President and CEO of the Company, effective today. Dunn, who previously served as President of Shyft’s Fleet Vehicles and Services, will also join the Board of Directors. In connection with the Company’s previously announced leadership transition plan, Daryl Adams, current President and CEO, will step down from his role and resign from the Board. Adams will remain with the Company in an advisory capacity for six months to ensure a smooth transition.

Shyft generated $9.2 million of cash from operations; repurchased $10.3 million of sharesSpecialty Vehicles segment delivered record margin performance

NOVI, Mich., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, will announce its third quarter 2023 financial results prior to the market opening on Thursday, October 26, 2023. A conference call and webcast will begin at 8:30 a.m. ET.

Rush Enterprises operates the largest network of commercial vehicle dealerships in North America

NOVI, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will attend and present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference in Nashville, Tennessee on September 21, 2023.

Affirms commitment to Environmental, Social, and Governance principles

NOVI, Mich., Sept. 12, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Jon Douyard, Chief Financial Officer, will participate in the 2023 RBC Capital Markets Global Industrials Conference in Las Vegas, NV, on September 13, 2023. The Company will be hosting a breakout session and one-on-one meetings with institutional investors throughout the day.

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Shyft Group, Inc. (“Shyft” or the “Company”) (NASDAQSHYF) on behalf of Shyft stockholders. Our investigation concerns whether Shyft has violated the federal securities laws and/or engaged in other unlawful business practices.

The law firm of Kirby McInerney LLP is investigating potential claims against Shyft Group Inc. (“Shyft” or the “Company”) (NASDAQSHYF). The investigation concerns whether Shyft and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

NOVI, Mich., Aug. 02, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock. 

NOVI, Mich., July 27, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reports operating results for the second quarter ending June 30, 2023.

NOVI, Mich., July 18, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, will announce its second quarter 2023 results prior to the market opening on Thursday, July 27, 2023. A conference call and webcast will begin at 8:30 a.m. ET to discuss its financial results with analysts and institutional investors.

NOVI, Mich., July 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today named Jacob Farmer as President, Specialty Vehicles, effective July 17, 2023. In his new role, Mr. Farmer will be responsible for all aspects of the business, working with his senior leadership team across seven go-to-market brands to guide the strategic vision of the business unit and oversee its implementation to deliver shareholder value. The Specialty Vehicles business segment includes Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Red Diamond™ Aftermarket Solutions and Builtmore Contract Manufacturing™.