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PROG Holdings Plans $100 Million Accelerated Share Repurchase

PROG Holdings announced its intention to enter into a $100 million accelerated share repurchase program.

PRG

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11:25:59 AM UTC
SquawkNews
PROG - ACCELERATED SHARE REPURCHASE AGREEMENT EXPECTED TO COMPLETE IN Q1 2027
11:26:26 AM UTC
SquawkNews
PROG Holdings intends to enter a $100M accelerated share repurchase, expected to complete in Q1 2027. The Board also increased the share repurchase authorization to $500M and extended the program through the earlier of Oct 26, 2029 or full use.Material DetailsContext by AI AnalystThis extends PRG’s…
11:29:18 AM UTC
SquawkNews
PROG said it intends to enter into an ASR agreement to repurchase $100 mln of common stock, with tra
11:31:01 AM UTC
SquawkNews
PROG Holdings reported Q3 2026 revenue of $725.8M (+25.6% YoY) and EPS of $0.92 (non-GAAP $1.06), and reduced its FY26 outlook. The company plans to enter an ASR in Q4 to repurchase $100.0M of stock and has $500.0M total authorization.Material DetailsContext by AI AnalystThis is a mid-cycle update…
11:39:55 AM UTC
SquawkNews
PROG - INTENDS $100 MLN ACCELERATED SHARE REPURCHASE PROGRAM IN Q4; BOARD EXTENDS REPURCHASE PROGRAM