NYSEIndustrialsDiversified Support ServicesS&P MidCap 400
$93.52
-1.26 (-1.33%)
Close of Nov 06, 2026 · end-of-day data
RBA 8-K filings in 2024
Every material Form 8-K RB Global filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
RB Global reported third-quarter 2024 results, with total revenue down 4% year-over-year to $981.8 million and GAAP net income up 20% to $76.0 million. Diluted adjusted EPS fell 1% to $0.71, and the company raised the low end of its full-year 2024 Adjusted EBITDA outlook to $1,235 million to $1,270 million, while also declaring a $0.29 quarterly dividend.
Total revenue fell 4% to $981.8 million, and gross transaction value (GTV) fell 7% to $3.6 billion for the quarter.
Net income rose 20% to $76.0 million, and diluted EPS rose 20% to $0.36; diluted adjusted EPS fell 1% to $0.71.
Full-year 2024 Adjusted EBITDA outlook is now $1,235 million to $1,270 million, up from $1,220 million to $1,270 million.
Board member Jeffrey Smith retired effective November 6, 2024, and the board reduced authorized directors from eleven to ten.
RB Global appointed M. Steve Lewis, 49, as Chief Operations Officer effective September 3, 2024, after a former GXO Logistics division president role. The filing sets his pay package, including a $650,000 base salary, a target bonus equal to 100% of salary, and a 2024 long-term incentive grant with an economic value of $1,625,000.
Lewis, 49, was Division President at GXO Logistics from 2023 to 2024 and previously held roles at XPO Logistics and Penn Power Group.
Employment agreement dated July 19, 2024 sets a $650,000 base salary and an STI bonus target of 100% of base salary, capped at 200% of salary.
Sign-on grant has an economic value of $1,000,000, split between restricted stock units and performance stock units vesting in March 2027.
If terminated without cause or for good reason, Lewis is entitled to 18 months of base salary and target bonus; a change-of-control double trigger pays 1.5 times salary and bonus.
RB Global reported second quarter 2024 results, with total revenue down 1% year-over-year to $1.1 billion while net income available to common stockholders rose 30% to $100.7 million. The company raised its full-year 2024 adjusted EBITDA outlook to $1,220 million to $1,270 million but lowered its GTV growth outlook to 0% to 2% from 1% to 4%. The board also declared a quarterly cash dividend of $0.29 per share, an increase of 7%.
Total revenue fell 1% year-over-year to $1.1 billion, while net income available to common stockholders rose 30% to $100.7 million.
Diluted EPS was $0.54, up 29%; diluted adjusted EPS was $0.94, up 15%.
Full-year 2024 adjusted EBITDA outlook raised to $1,220 million to $1,270 million from $1,200 million to $1,260 million; GTV growth outlook lowered to 0% to 2% from 1% to 4%.
Quarterly dividend of $0.29 per share is payable September 18, 2024, to shareholders of record on August 28, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every RB Global filing is on SEC EDGAR ↗. 8-K briefs of other companies →