RB GLOBAL INC.
For the period ended Mar 31, 2026. Filed May 4, 2026.
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Mar 31, 2026 · Filed May 4, 2026
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Contingencies
Note 16. Contingencies
Legal and Other Claims
The Company is subject to legal and other claims that arise in the ordinary course of its business. Management does not believe that the results of these claims will have a material effect on the Company’s condensed consolidated balance sheets or condensed consolidated income statements.
Guarantee Contracts
In the normal course of business, the Company may guarantee a consignor a minimum payout in connection with the sale at auction of that consignor’s equipment. At March 31, 2026, there were $166.2 million of assets guaranteed under contract, of which 98% is expected to be sold prior to June 30, 2026. The outstanding guarantee amounts are undiscounted and before estimated proceeds from sale at auction.
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