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Last $13.12 USD
Change Today +0.07 / 0.54%
Volume 1.0M
HRG On Other Exchanges
Symbol
Exchange
New York
As of 6:40 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

hrg group inc (HRG) Snapshot

Open
$13.02
Previous Close
$13.05
Day High
$13.15
Day Low
$12.99
52 Week High
12/30/14 - $14.32
52 Week Low
06/4/14 - $11.39
Market Cap
2.6B
Average Volume 10 Days
615.3K
EPS TTM
$-0.08
Shares Outstanding
201.2M
EX-Date
11/3/98
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HRG GROUP INC (HRG)

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hrg group inc (HRG) Details

HRG Group, Inc., through its subsidiaries, provides various branded consumer products. The company operates in four segments: Consumer Products, Insurance, Energy, and Financial Services. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, rechargeable batteries and chargers, hearing aid batteries, other specialty batteries, and portable lighting products; small appliances comprising small kitchen appliances and home product appliances; and pet supplies consisting of aquatic equipment and supplies, dog and cat treats, small animal foods, clean up and training aids, health and grooming products, and bedding products. The company’s product portfolio also comprises hardware and home improvement products, including residential locksets, builders hardware, and plumbing products; home and garden control products, such as household insect controls, insect repellents, and herbicides; electric shaving and grooming devices; and electric personal care and styling devices. HRG Group, Inc. offers its products under various brand names. The company sells its products through retailers, wholesalers and distributors, hearing aid professionals, industrial distributors, and original equipment manufacturers. In addition, it provides life insurance and annuity products through independent agents, managing general agents, and specialty brokerage firms; long-term reinsurance to specialty insurance sector of fixed, deferred, and payout annuities; asset management services; and secured asset-based loans to various industries, as well as is engaged in owning, operating, acquiring, exploiting, and developing conventional oil and natural gas assets in the United States. The company was formerly known as Harbinger Group Inc. and changed its name to HRG Group, Inc. in March 2015. HRG Group, Inc. was founded in 1954 and is headquartered in New York, New York.

14,427 Employees
Last Reported Date: 11/21/14
Founded in 1954

hrg group inc (HRG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Managing Director, Executive Vice President o...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

hrg group inc (HRG) Key Developments

HRG Group, Inc. Announces Resignation of Michael Sena as Senior Vice President and Chief Accounting Officer

Effective May 20, 2015, Michael Sena resigned from his positions as Senior Vice President and Chief Accounting Officer of HRG Group, Inc. Mr. Sena’s resignation was not as a result of any disagreement with the company.

on May 19, 2015, HRG Group, Inc., Completes Offering of $160.0 Million Aggregate Principal Amount of 7.875% Senior Secured Notes Due 2019

On May 19, 2015, HRG Group, Inc., completed an offering of $160.0 million aggregate principal amount of its 7.875% Senior Secured Notes due 2019 and an offering of $140.0 million aggregate principal amount of its 7.750% Senior Notes due 2022. The new secured notes were issued under the company’s existing indenture, dated as of December 24, 2012, as amended by the supplemental indenture, dated May 23, 2014, by and between the company and Wells Fargo Bank, National Association, a national banking association, as trustee, governing the company’s previously issued and outstanding $704.4 million aggregate principal amount of 7.875% Senior Secured Notes due 2019. The new unsecured notes were issued under the company’s existing indenture, dated as of January 21, 2014, by and between the company and Wells Fargo Bank, National Association, a national banking association, as trustee, governing the company’s previously issued and outstanding $750 million aggregate principal amount of 7.750% Senior Notes due 2022.

HRG Group, Inc. Enters into Two Note Purchase Agreements with the Respective Purchasers of Senior Secured Notes

On May 11, 2015, HRG Group, Inc. entered into two note purchase agreements with the respective purchasers named in each. Pursuant to one purchase agreement, the company sold $160 million aggregate principal amount of 7.875% Senior Secured Notes due 2019. The new secured notes will be issued under the company’s existing indenture, dated as of December 24, 2012, amended by the supplemental indenture, dated May 23, 2014, by and between the company and Wells Fargo Bank, National Association, a national banking association, as trustee, governing the company’s $704.4 million aggregate principal amount of 7.875% Senior Secured Notes due 2019. The new secured notes were priced at 104.500% of par plus accrued interest from January 15, 2015. Pursuant to the other purchase agreement, the company sold $140 million aggregate principal amount of 7.750% Senior Notes due 2022. The New Unsecured Notes will be issued under the company’s existing indenture, dated as of January 21, 2014, by and between the company and Wells Fargo Bank, National Association, a national banking association, as trustee, governing the company’s $750 million aggregate principal amount of 7.750% Senior Notes due 2022. The New Unsecured Notes were priced at 98.51% of par plus accrued interest from January 15, 2015. The company expects to use the net proceeds from the issuance of the new secured notes for working capital by it and its subsidiaries and for general corporate purposes, including further investments in the company’s existing businesses and the financing of future acquisitions and businesses. The company expects to use the net proceeds from the issuance of the new unsecured notes and available cash on hand to make an equity investment through one of its wholly owned subsidiaries in Spectrum Brands Holdings, Inc., a subsidiary of HRG, in connection with Spectrum Brands’ acquisition of Armored AutoGroup Parent Inc.

 

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Valuation HRG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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