PROG Holdings Announces Intention to Enter into $100 Million Accelerated Share Repurchase Program
PROG Holdings intends to enter into a $100 million accelerated share repurchase agreement, with transactions expected to be completed during Q1 2027. In connection with the ASR, the Board replenished and extended the buyback program, adding $237 million and bringing the total authorization to $500 million through October 26, 2029.
Key figures
- Deal Value Usd
- 100000000
- Asr program size
- $100 million
- Program expiration
- October 26, 2029
- Asr expected completion
- Q1 2027
- Authorization replenishment
- $237 million
- Total repurchase authorization
- $500 million
AI analysis
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