The Shyft Group was organized as a Michigan corporation on September 18, 1975. Spartan had its IPO in May 1984. Since then, The Shyft Group has held two secondary offerings of common stock, in April 1992 and June 1992.
The Shyft Group follows a standard fiscal year beginning January 1 and ending December 31.
In you own stock in your own name, you can contact The Shyft Group’s registrar and transfer agent, American Stock Transfer & Trust, at 800.250.5016. If you own your shares through a broker or bank (i.e. street name), please contact your broker for these services.
A registrar and transfer agent keeps a record of every outstanding stock certificate and its ownership for publicly traded companies. When traded, the registrar and transfer agent reassigns the ownership of the stock from the seller’s name to the buyer’s name. For investors with shares held in their name, the registrar and transfer agent can help with important shareowner-related services including changes of address, transfer of stock ownership and requests for lost stock certificates. If you own your shares through a broker or bank (i.e. street name), please contact your broker for these services.
You can purchase shares of The Shyft Group common stock by contacting a licensed brokerage firm.
Yes, The Shyft Group has a direct stock purchase program from its transfer agent, American Stock Transfer & Trust. To enroll or learn more about The Shyft Group direct stock purchase program, please visit here.
Consideration for future stock buybacks, stock splits and secondary offerings are always part of the Board of Directors’ strategic planning process.
The “Record date” applies to those who hold the certificates in their name and when they will have new certificates mailed to them by the transfer agent. If you bought the stock before the split, your shares will split the same day as everyone else, regardless of the record date. If you sell your shares after the record date and prior to the split, you will not receive extra shares, and the split shares will go to the owner of the shares on the day of the split.
A stock split involves a company altering the number of its shares outstanding, which proportionally adjusts the share price. A stock split does not affect the intrinsic value or past performance of your shares.
The company has had 3-for-2 stock splits in 1991, 1993, 2006 and 2007.
Yes, The Shyft Group offers these programs through its transfer agent, American stock transfer & trust. To enroll or learn more about these programs, please visit the information request page.
The Shyft Group board of directors determines dividend policy semi-annually based on financial performance and other considerations. The Shyft Group has been paying semi-annual regular cash dividends since 2003 and special dividends since 1990.
Please visit the investor relations page on this site for current information on The Shyft Group analyst coverage. Analysts who cover The Shyft Group publish estimates to first call and other reporting agencies. Information regarding current consensus estimates is available on many financial news sites. As policy, we do not endorse these models and questions regarding estimates should be directed to the appropriate analyst.
The Shyft Groups stock trades on the Nasdaq stock market under the symbol SHYF.
We attempt to release our results on the third Thursday of the month following the close of the quarter. For the fourth quarter and year-end results, we attempt to release on the third Thursday of February. in all cases, The Shyft Group will announce the date of the quarterly release with a press release approximately two weeks in advance. We disseminate the quarterly news release in the morning before the markets open at 9:30 a.m. est.
We hold quarterly conference calls to review our results and discuss our operations. Participating in the call is by invitation only and is limited to institutional investors and sell-side analysts. Individual investors, representatives from the media and the public may listen to the call live over the internet via a simultaneous webcast.
Visit the shareholder calendar for the date and location of the next annual meeting. Our proxy statement, mailed to shareholders and filed with the sec, also includes the date and location of the annual meeting.
An electronic version of the latest annual report is available here. Printed copies of annual report are also available. If you would like to receive a printed copy of the annual report, please use our information request form.
You can sign up for email alerts to receive breaking news releases via email. Our news releases are also available at most financial news websites, such as Yahoo Finance and Google Finance.
You can see a list of appropriate contacts to answer questions at the shareholder info section.