Brink’s Company Resolves U.S. Investigations with Settlement

Brink’s Company ( (BCO) ) has shared an update.

On February 6, 2025, Brink’s Global Services USA, a subsidiary of The Brink’s Company, announced it had resolved investigations with the U.S. Department of Justice and the U.S. Treasury’s Financial Crimes Enforcement Network regarding cross-border currency shipments from 2018 to 2020. The resolutions involved a Non-Prosecution Agreement and a Consent Order to pay $42 million over three years, underscoring Brink’s commitment to compliance and enhancing its global Ethics & Compliance program. The settlement will be treated as a special item in financial statements, thus not affecting the company’s 2024 financial guidance.

More about Brink’s Company

The Brink’s Company is a leading global provider specializing in cash and valuables management, digital retail solutions, and ATM managed services. It serves a diverse clientele, including financial institutions, retailers, government agencies, mints, and jewelers, with operations spanning 52 countries and servicing customers in over 100 nations.

YTD Price Performance: -0.93%

Average Trading Volume: 260,931

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4B

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