Franchise Group, Inc. Buyback
OLI recorded this information on 5/18/2022
Company:
Franchise Group, Inc.
Buyback:
FRG buyback
$Amount Authorized:
$500,000,000
Buyback Details:
Franchise Group, Inc. (NASDAQ: FRG) ("Franchise Group" or the "Company") today announced that that its Board of Directors has approved a stock repurchase program under which the Company may repurchase up to $500 million of its outstanding shares of common stock over the next three years.
Franchise Group is an owner and operator of franchised and franchisable businesses. Co.'s business lines include: The Vitamin Shoppe, which is a retailer of vitamins, minerals, herbs, supplements, sports nutrition and others; Pet Supplies Plus, which is a retail chain and franchisor of pet supplies and services; Badcock Home Furniture & More, which is a retailer of furniture, appliances, bedding, electronics, home office equipment, accessories and seasonal items; American Freight, which provides in-store and online access to furniture, mattresses, new and out-of-box home appliances and home accessories; Buddy's Home Furnishings; and Sylvan Learning.
Preferred: FRGAP
Open the FRG Page at The Online Investor »
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Avg. Broker Rec.
 
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: FRG Stock Forecast Based on Zacks ABR data; powered by Xignite |
