Allison announces initial public offering

Posted on March 19, 2012

Allison Transmission Holdings Inc. priced its initial public offering of 26,100,000 shares of common stock at $23 per share. The shares began trading March 15, on the New York Stock Exchange under the ticker symbol "ALSN."

The selling stockholders in the offering have granted the underwriters an option to purchase up to 3,915,000 additional shares at the initial offering price, less the underwriting discounts and commissions, to cover overallotments, if any.

All of the shares of common stock offered are being sold by selling stockholders. Allison Transmission Holdings Inc. will not receive any proceeds from the sale of shares by the selling stockholders in this offering, including from any exercise by the underwriters of their overallotment option.


View comments or post a comment on this story. (0 Comments)

More News

El Paso receives first of 6 restored vintage streetcars

The 1937 Presidents' Conference Committee streetcars will be put into service for the first time since 1974.

DART to add 82 New Flyer CNG buses

The contract, which supports new services beginning in spring 2019, includes 41 firm orders with options to purchase an additional 41 CNG 40-foot, heavy-duty vehicles.

NY MTA unveils 'first-of-its-kind' bus performance dashboard

The data on the bus performance dashboard is based on farebox, GPS, and other information and can be filtered by borough; types of service, such as local/limited, express, or Select Bus Service; and time periods, such as weekday peak or off-peak hours.

New Flyer to deliver 8 CNG buses for BC Transit

BC Transit connects over 52.3 million customers in partnership with 59 local governments across 130 communities in the British Columbia province every year.

Nova Bus names new VP for North American Sales

In his 25 years of experience, Ray Little has held several executive-level positions at the firms where he has worked.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close