The latest announcement is out from Ritchie Bros ( ($TSE:RBA) ).
RB Global, Inc. announced its third-quarter 2024 financial results, revealing a 7% decline in total gross transaction value and a 4% drop in total revenue, while net income surged by 20% year-over-year to $76 million. Despite challenges, the company increased its net income available to stockholders by 22% and maintained strategic investments for future growth. The company is committed to cost management and enhancing value for shareholders with a quarterly cash dividend of $0.29 per share.
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