ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN) Files An 8-K Other Events
Item8.01
| Other Events. |
On November14, 2016, the Board of Directors of Allison
Transmission Holdings, Inc. (the Company) authorized a new stock
repurchase program for up to $1,000 million of the Companys
common stock, effective immediately. A copy of the press release
announcing the stock repurchase program is attached as Exhibit
99.1 hereto.
The foregoing information (including the exhibits hereto) is
being furnished and shall not be deemed filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section, nor shall
it be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, except as expressly set forth
by specific reference in such filing.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
|
Exhibit Number |
Description |
|
| 99.1 | Press release dated November 16, 2016. |
About ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN)
Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Company operates through manufacture and distribution of fully-automatic transmissions segment. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company’s transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has developed over 100 different models that are used in over 2,500 different vehicle configurations. ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN) Recent Trading Information
ALLISON TRANSMISSION HOLDINGS, INC. (NYSE:ALSN) closed its last trading session up +0.94 at 31.88 with 1,778,728 shares trading hands.