10:05 AM EST - Ritchie Bros. Auctioneers : Announced that, just seven weeks after selling 10,700+ items, the Edmonton team was back this week with another five-day auction, selling 8,800+ items for 1,100+ owners and achieving CA$101+ million in gross transactional value. More than 12,700 people from 51 countries registered to bid in the October 28 – November 1, event, including 10,900+ online bidders. Approximately 91% of the equipment in the auction was sold to Canadian buyers, with buyers from Alberta purchasing 56%, while international buyers from countries such as Egypt, the Netherlands, and Peru purchased 9% of the equipment. Online bidders purchased 68% of the equipment. Ritchie Bros. Auctioneers
shares T.RBA are trading down $0.03 at $54.29.
