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Stock impact report

CA$69+ million of equipment sold in Ritchie Bros.' first Edmonton auction of 2019

Ritchie Bros. Auctioneers Incorporated (RBA) 
Last ritchie bros. auctioneers incorporated earnings: 2/27 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ritchiebros.com
Company Research Source: PR Newswire
Despite extreme cold, the three-day auction saw bidder registrations jump 19% year over year EDMONTON, March 1, 2019 /PRNewswire/ - Ritchie Bros. conducted its first Edmonton, AB auction of the year this week, selling more than 5,000+ equipment items and trucks over three days for CA$69+ million (US$52+ million)—up 15% year over year.More than 10,150 bidders from 54 countries registered to participate in the February 26 – 28, 2019 Edmonton auction—up approximately 19 percent from the same auction last year. Approximately 89 percent of the equipment in the auction was sold to Canadian buyers, with buyers from Alberta purchasing 52 percent, while international buyers from countries such as Australia, Singapore, and the Netherlands purchased 11 percent of the equipment. Approximately 69 percent of the equipment in the auction was sold to online buyers."Despite extreme cold temperatures, we were still able to attract a huge number of bidders—many participating online—and achieve great re Show less Read more
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