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McGrath Celebrates 40th Listing Anniversary

1. McGrath RentCorp celebrates 40 years on Nasdaq, enhancing its market visibility. 2. Company recognized on Nasdaq Tower in Times Square for anniversary milestone. 3. President emphasizes growth and commitment to sustainable practices. 4. McGrath has a strong history of dividend increases over 30 consecutive years. 5. Focus on exceptional customer experiences drives long-term financial success.

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Why Bullish?

The anniversary celebration and Nasdaq recognition boost visibility and investor confidence, similar to past events that led to stock rallies.

How important is it?

The 40th anniversary and Nasdaq recognition enhance McGrath's reputation and may attract new investors, impacting stock performance positively.

Why Long Term?

The recognition and emphasis on sustainable practices indicate a sustained growth trajectory, which is a positive signal for long-term investors.

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MGRCNASDAQ
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced the completion of the major milestone of its 40th anniversary listed on the Nasdaq. In recognition of this milestone, McGrath will be honored by being displayed on the Nasdaq Tower in Times Square on February 11. Joe Hanna, President and CEO, remarked, “Our company crossed the 2024 finish line, marking the completion of an impressive milestone—the 40th anniversary of McGrath's listing on the Nasdaq. I would like to recognize and thank all our leaders and team members, customers, shareholders, and stakeholders throughout the years for your focus, commitment, and confidence in our company. McGrath remains well positioned to continue to grow for many years ahead and to achieve many more milestones.” ABOUT MCGRATH: McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath’s operations are centered on modular solutions through its Mobile Modular and Mobile Modular Portable Storage businesses. In addition, its TRS-RenTelco business offers electronic test equipment rental solutions. The Company’s rental product offerings and services are part of the circular supply economy, helping customers work more efficiently, and sustainably manage their environmental footprint. With over 40 years of experience, McGrath’s success is driven by a focus on exceptional customer experiences. This focus has underpinned the Company’s long-term financial success and supported over 30 consecutive years of annual dividend increases to shareholders, a rare distinction among publicly listed companies. Headquartered in Livermore, California. Additional information about McGrath and its businesses is available at mgrc.com and investors.mgrc.com.

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