Previous close | 13.40 |
Open | 13.75 |
Bid | 13.67 x 800 |
Ask | 14.00 x 800 |
Day's range | 13.61 - 13.88 |
52-week range | 7.00 - 17.27 |
Volume | |
Avg. volume | 783,541 |
Market cap | 1.062B |
Beta (5Y monthly) | 2.55 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 28 Feb 2020 |
1y target est | N/A |
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024, in conjunction with the recent closing on the sale of its former Product Support business and the related expected paydowns of its debt.
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has completed the sale of its Product Support business to AAR CORP. (NYSE: AIR). The transaction is valued at $725 million, and the net after-tax proceeds are expected to be approximately $700 million, which will primarily be used for debt reduction.
AAR CORP. (NYSE: AIR) ("AAR" or the "Company"), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it has completed its acquisition of Triumph Group's (NYSE: TGI) Product Support business. Triumph Group's Product Support business is a leading global provider of specialized maintenance, repair, and overhaul capabilities for critical aircraft components in the commercial and defense markets.