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Rent-A-Center Inc Announces Increased Authorization Of Stock Repurchases


Friday, 26 Apr 2013 04:23pm EDT 

Rent-A-Center Inc announced that its Board of Directors has increased the authorization for stock repurchases under the Company's common stock repurchase plan from $1 billion to $1.25 billion. Under the Company's common stock repurchase plan, shares may, from time to time, be repurchased in the open market or in privately negotiated transactions at amounts considered appropriate by the Company. To date, the Company has repurchased a total of 31,585,314 shares of the Company's common stock for an aggregate purchase price of approximately $794.8 million since the repurchase plan's inception. In the current year, the Company has repurchased a total of 465,035 shares for approximately $17.4 million in cash. 

Company Quote

31.57
-0.29 -0.91%
17 Oct 2014