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Rent-A-Center, Inc. Buyback

OLI recorded this information on 10/25/2013

Company: Rent-A-Center, Inc.
Buyback: RCII buyback
$Amount Authorized: $200,000,000
Buyback Details: Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced that it has completed its $200 million accelerated stock buyback program, which was previously announced on May 2, 2013.

Rent-A-Center is a holding company. Through its subsidiaries, Co. provides ownership of products, such as appliances and consumer electronics, under lease purchase agreements with no long-term obligation. Co.'s segments are: Rent-A-Center Business, which operates retail installment sales stores under the names Get It Now and Home Choice; Preferred Lease, which provides an on-site lease-to-own option at a third-party retailer's location; Mexico, which consists of its company-owned lease-to-own stores in Mexico; and Franchising, which sells rental merchandise to its franchisees who, in turn, provide the merchandise to the general public for rent or purchase under a lease-to-own transaction.

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Company Name: 
Rent-A-Center Inc.
Stock buyback: 
RCII buyback
Website: 
www.rentacenter.com
Sector: 
Electronics Stores
Number of ETFs Holding RCII: 
66
Total Market Value Held by ETFs: 
$641.57M
Total Market Capitalization: 
$3.01B
% of Market Cap. Held by ETFs: 
21.29%
 

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Strong Buy (3.75 out of 4)
62nd percentile
(ranked higher than approx. 62% of all stocks covered)

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