Brief: PROG Holdings Inc Announces Intention To Purchase Up To $425 Mln Of Common Stock In Modified Dutch Auction Tender Offer

PROG Holdings

03/11/2021 12:33

Nov 3 (Reuters) - PROG Holdings Inc  PRG.N :
    * PROG HOLDINGS INC - ANNOUNCES INTENTION TO PURCHASE UP TO
$425
MILLION OF COMMON STOCK IN MODIFIED DUTCH AUCTION TENDER OFFER
    * PROG HOLDINGS INC - TENDER OFFER IS PART OF A $1 BILLION
SHARE
REPURCHASE PROGRAM AND IS EXPECTED TO COMMENCE ON NOVEMBER 4
    * PROG HOLDINGS INC - TO PURCHASE SHARES AT AN ANTICIPATED
PRICE
BETWEEN $44.00 AND $50.00 PER SHARE

Source text for Eikon:  ID:nBw7dmjpKa 
Further company coverage:  PRG.N 

 ((Reuters.Briefs@thomsonreuters.com;))