When was Ritchie Bros.' initial public offering?

Ritchie Bros. Auctioneers first went public when it held its IPO (initial public offering) on the New York Stock Exchange (NYSE) in 1998. In 2004, the company completed a secondary listing on the Toronto Stock Exchange (TSX).

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Where is Ritchie Bros. head office located?

Ritchie Bros. global head office is located in Vancouver, British Columbia (Canada). We have regional head offices located in Lincoln, Nebraska (USA) and Breda, The Netherlands.

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Is RBA included in any major indices?

Ritchie Bros. is included in the S&P/TSX Composite Index, the S&P/TSX Composite Dividend Index, and the S&P/TSX Equal Weight Industrials Index.

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Does Ritchie Bros. have a share repurchase plan in place?

In January 2015, Ritchie Bros.' board of directors approved a share repurchase program of up to $100 million over three years. As Ritchie Bros. is listed on the TSX, the company was also required to obtain approval for a Normal Course Issuer Bid (NCIB) to transact share repurchases on the TSX. The company received TSX approval on February 26, 2015, for an NCIB.

More information about Ritchie Bros. share repurchase program can be found in the Company's press releases dated January 12, 2015 ("Ritchie Bros. Board authorizes share repurchase program") and February 26, 2015 ("Ritchie Bros. receives TSX approval for a Normal Course Issuer Bid").

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Does RBA have a Dividend Reinvestment Plan (DRIP)?
Ritchie Bros. does not currently provide a Dividend Reinvestment Plan (commonly referred to as a DRIP) through its transfer agent, however some financial institutions can provide similar services once provided with the instructions to do so. Please contact your brokerage or investment firm to discuss dividend reinvestment options.

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What are Gross Auction Proceeds (GAP)?
Gross Auction Proceeds ("GAP") is what Ritchie Bros. calls the total value of transactions completed at our auctions and through EquipmentOne. It can be thought of as Sales. 

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What is a "Revenue Rate" at RBA?

At Ritchie Bros., our Revenue Rate is the percent of Gross Auction Proceeds we retain as revenue from our sales commissions and fees.

Revenue Rate = Revenue / GAP

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How can I contact the board to provide comments or questions?
Interested parties and shareholders may provide their comments or questions to the Chair of Ritchie Bros.'  board of directors by emailing Beverley Briscoe at .

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Communicate with the Board

Shareholders and other interested parties may initiate communications directly with the Company's independent directors via email at:

All relevant correspondence will be forwarded to the Chair in accordance with the Company's Shareholder Engagement Policy.

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