Allison Transmission hikes dividend 8% to $0.27, adds $1B to buyback authorization

Allison Transmission Holdings Inc

Quarterly dividend raised 8% to $0.27/share; payable March 14 to holders of record March 3.
Board approved additional $1B stock repurchase authorization, bringing total to $5B; $519M remained as of Dec 31, 2024.
Director Richard Lavin will not stand for re-election at May 7 annual meeting due to health; no disagreement with company.
2025 annual meeting of stockholders set for May 7; record date March 10.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Richard P. Lavin

Director

ALSN · Allison Transmission Holdings Inc

Filed: February 20, 2025, 6:59 PM ET

On February 19, 2025, Richard P. Lavin, a member of the Board of Directors (the “Board”) of Allison Transmission Holdings, Inc. (the “Company”), advised the Company that he would not stand for re-election to the Board at the Company’s upcoming 2025 Annual Meeting of Stockholders due to health considerations.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard P. Lavin departed as Director at Allison Transmission Holdings Inc.

Action: not stand for re-election
Role: Director

Exact text from the filing

On February 19, 2025, Richard P. Lavin, a member of the Board of Directors (the “Board”) of Allison Transmission Holdings, Inc. (the “Company”), advised the Company that he would not stand for re-election to the Board at the Company’s upcoming 2025 Annual Meeting of Stockholders due to health considerations.

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Allison Transmission Holdings Inc filing history →

Source: SEC EDGAR

accession 0001193125-25-030728

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