On Holding Ag dropped 7.64% in intraday trading. The company provided earnings guidance for the full year 2025, with sales projected to be between $1.85 to $2.0 billion. The company also declared its first quarterly cash dividend of $0.025 per share of common stock, payable on September 29, 2025. Additionally, the successful completion of the merger of Aebi Schmidt and Shyft on July 1, 2025, created a global specialty vehicle leader with significant growth opportunities.
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