The Aaron's Company, Inc. Buyback
OLI recorded this information on 3/2/2022
Company:
The Aaron's Company, Inc.
Buyback:
AAN buyback
$Amount Authorized:
$147,000,000
Buyback Details:
The Aaron's Company, Inc. ("Aaron's") (NYSE:AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and purchase solutions, today announced that its Board of Directors has increased its share repurchase authorization to$250 millionfrom the original$150 millionplan and extended the maturity by one year toDecember 31, 2024. As of today,March 2, 2022, approximately$147 millionremains available under this new authorization limit.
Aaron's is a provider of lease-to-own (LTO) and purchase solutions of furniture, appliances, consumer electronics, and accessories. Through its portfolio of stores and its Aarons.com e-commerce platform, Co. provides consumers with LTO and purchase solutions for the products they need and want. In addition, Co. provides a product selection, free prompt delivery, product setup, service and returns, and the ability to pause, cancel or resume lease contracts at any time with no penalty to the customer.
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Avg. Broker Rec.
  
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Hold (2.29 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: AAN Stock Forecast Based on Zacks ABR data; powered by Xignite |
