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Outerwall Buyback

OLI recorded this information on 2/5/2015

Company: Outerwall
Buyback: OUTR buyback
$Amount Authorized: $250,000,000
Buyback Details: Also on February 3, 2015, the board of directors approved an additional share repurchase authorization of up to $250 million of its common stock, bringing the total available for repurchases to $413.7 million.

Outerwall is a provider of automated retail solutions. Co.'s primary offerings in automated retail include its Redbox business, where consumers can rent or purchase movies and video games from self-service kiosks; its Coinstar business, where consumers can convert their coins to cash and convert coins and cash to stored value products at self-service kiosks; and its ecoATM business, where consumers can sell certain electronic devices for cash at self-service kiosks and through an online solution. At Dec 31 2015, within its Redbox segment, Co. operated 40,480 Redbox kiosks, in 33,060 locations; and within its Coinstar segment, Co. owned and operated 20,930 kiosks in 19,660 locations.
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Company Name: 
Outerwall Inc
Stock buyback: 
OUTR buyback
Website: 
www.outerwall.com
Sector: 
Specialty Retail
 

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Hold (2.00 out of 4)
100th percentile
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