Aaron's Boosts Buyback Authorization, Extends Maturity

by Shivani Kumaresan, Benzinga Staff Writer

March 3, 2022 1:07 PM | 1 min read | Make a Comment

Aaron’s Company Inc AAN Board of Directors has increased its share repurchase authorization to $250 million from the original $150 million plan.
The company has also extended the maturity by one year to December 31, 2024.
As of March 2, 2022, approximately $147 million remains available under the new authorization limit.
The company held $22.8 million in cash and equivalents as of December 31, 2021.
Price Action: AAN shares traded higher by 6.35% at $22.39 on the last check Thursday.

Posted In: News Buybacks Small Cap General Briefs

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