Ritchie Bros. Auctioneers Incorporated (TSE:RBA) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On May 4, 2017, Ritchie Bros. Auctioneers Incorporated (we or the
Company) issued a press release announcing our financial results
for the first quarter ended March 31, 2017. A copy of the press
release is furnished as Exhibit 99.1 to this report.
In accordance with General Instruction B.2 of Form 8-K, the
information in Item 2.02 of this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed to be filed for
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or otherwise subject to the liability
of that section, and shall not be incorporated by reference into
any registration statement or other document filed under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such
filing.
Item 8.01 Other Events
On May 4, 2017, Ritchie Bros. Auctioneers Incorporated announced
that its board of directors declared a quarterly cash dividend of
US$0.17 per common share, payable on June 13, 2017 to
shareholders of record on May 23, 2017.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit Number | Description |
| 99.1 |
News release, dated May 4, 2017 issued by Ritchie Bros. Auctioneers Incorporated |
About Ritchie Bros. Auctioneers Incorporated (TSE:RBA)
Ritchie Bros. Auctioneers Inc is a Canada-based holding company. The Company is an auctioneer of industrial equipment. The Company is engaged in selling industrial equipment and other assets for the construction, agricultural, transportation, energy, mining, forestry, material handling, marine and real estate industries at its unreserved auctions and online marketplaces. The Company focuses on the sale of heavy machinery. The Company operates through the following segments: Core Auction segment and EquipmentOne segment. Core Auction segment offers a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding. EquipmentOne segment is an online marketplace that facilitates private equipment transactions. The Company sells equipment through unreserved auctions at approximately 40 auction sites across the world. The majority of the assets sold through the Company’s sales channels are classified as construction machinery. Ritchie Bros. Auctioneers Incorporated (TSE:RBA) Recent Trading Information
Ritchie Bros. Auctioneers Incorporated (TSE:RBA) closed its last trading session down -0.45 at 43.99 with 102,247 shares trading hands.
