SHYF Stock Recent News

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SHYF Stock News Image - prnewswire.com

Combined company named Aebi Schmidt Group Trading on NASDAQ expected to begin July 1, 2025 Shyft common stock delisted from Nasdaq NOVI, Mich. , July 1, 2025 /PRNewswire/ --The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft.

prnewswire.com 2025 Jul 01
SHYF Stock News Image - prnewswire.com

Final milestone achieved ahead of anticipated July 1, 2025 closing Combined company name to be "Aebi Schmidt Group" Trading on NASDAQ as "AEBI" expected to begin on or around July 1, 2025 NOVI, Mich. , June 17, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF)("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced that the shareholders of Shyft have voted to approve and adopt the merger agreement (the "Merger Agreement") relating to the previously announced proposed merger of an indirect, wholly owned subsidiary of Aebi Schmidt Group ("Aebi Schmidt"), a global provider of mission-critical solutions for infrastructure, environmental, and agricultural applications, with and into Shyft (the "Transaction").

prnewswire.com 2025 Jun 17
SHYF Stock News Image - prnewswire.com

Milestone advances process ahead of the special meeting of Shyft shareholders on June 17, 2025 NOVI, Mich. , May 14, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced that (i) the U.S. Securities and Exchange Commission ("SEC") declared effective, as of May 13, 2025, the registration statement on Form S-4 filed by Aebi Schmidt Group ("Aebi Schmidt") and (ii) on May 14, 2025, Shyft filed with the SEC a definitive proxy statement on Form DEFM14A, in each case, in connection with the previously announced proposed merger between Shyft and an indirect subsidiary of Aebi Schmidt.

prnewswire.com 2025 May 14
SHYF Stock News Image - prnewswire.com

NOVI, Mich. , May 12, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today announced that it has set the date for the special meeting of the shareholders of Shyft (the "Special Meeting") to consider and vote on the proposal to approve the merger agreement (the "Merger Agreement") relating to the previously announced proposed merger (the "Merger") of an indirect, wholly owned subsidiary of Aebi Schmidt Holdings, AG ("Aebi Schmidt") with and into Shyft.

prnewswire.com 2025 May 12
SHYF Stock News Image - prnewswire.com

Spartan RV Owners Now Have Access to Expanded Service Support at 148 Rush Truck Centers Locations Across the U.S. and Canada NOVI, Mich. , May 7, 2025 /PRNewswire/ -- Spartan® RV Chassis, a go-to-market brand of The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced a strategic partnership with Rush Truck Centers, North America's largest commercial vehicle dealership network.

prnewswire.com 2025 May 07
SHYF Stock News Image - zacks.com

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com 2025 May 02
SHYF Stock News Image - prnewswire.com

NOVI, Mich. , April 30, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock.

prnewswire.com 2025 Apr 30
SHYF Stock News Image - seekingalpha.com

The Shyft Group's shares surged 26.2% after announcing Q1 2025 results and progress on its merger with Aebi Schmidt, despite past financial struggles. Revenue dropped 9.9% from 2022 to 2024, but recent Q1 2025 results showed a 3.4% increase, driven by the Blue Arc electric vehicle line. The merger with Aebi Schmidt is expected to bring significant synergies and growth, with combined revenue projected at $2.2 billion and EBITDA at $214 million for 2025.

seekingalpha.com 2025 Apr 25
SHYF Stock News Image - seekingalpha.com

The Shyft Group, Inc. (NASDAQ:SHYF ) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President and Chief Executive Officer Scott Ocholik - Interim Chief Financial Officer, Chief Accounting Officer, and Corporate Controller Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisky - D.A. Davidson Tyler DiMatteo - BTIG Operator Good morning, and welcome to The Shyft Group First Quarter 2025 Conference Call and Webcast.

seekingalpha.com 2025 Apr 24
SHYF Stock News Image - zacks.com

The Shyft Group (SHYF) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.10 per share. This compares to loss of $0.04 per share a year ago.

zacks.com 2025 Apr 24
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