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BUZZ-Generac slides on plan to reorganize business segments

Reuters
Mar 25
BUZZ-Generac slides on plan to reorganize business segments

Updates

** Shares of power equipment maker Generac Holdings GNRC.N down nearly 11% at $186.32

** Co to reorganize its Domestic and International segments into Residential and Commercial & Industrial (C&I) divisions, effective March 31

** Adds, changes will be reflected in GNRC's fiscal 2026 Q1 earnings report

** Median PT of 23 brokerages covering the stock is $242 - data compiled by LSEG

** Including session moves, GNRC up 37.9% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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