Aaron's, Inc. Buyback
OLI recorded this information on 2/15/2018
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced that the Company's Board of Directors has approved a new share repurchase program authorizing management to repurchase up to $500 million of the Company's outstanding common stock. In light of the new repurchase program, the Company has discontinued its previous share repurchase program.
Aaron's provides lease-purchase solutions. Co. is engaged in direct-to-consumer sales and lease ownership of furniture, home appliances, consumer electronics, and accessories through its approximately 1,400 Company-operated and franchised stores in United States Canada, and Puerto Rico, as well as its e-commerce platform. Co. also manufactures and supplies bedding and upholstered furniture through company-operated and franchised stores.
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Hold (2.25 out of 4)