Avis Budget Group, headquartered in Parsippany, New Jersey, provides vehicle sharing and rental services with 18,000 employees across the Americas and International segments. Its brands, including Avis and Payless, cater to various market segments.
Bernardo Hees sold 402,200 shares of CAR on 4 August at $160.26 per share, worth a total of $64.5M. They now own 118,721 CAR shares, or a 78% holding decrease.
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