{"id":449899,"date":"2021-03-03T14:03:15","date_gmt":"2021-03-03T19:03:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=449899"},"modified":"2021-03-03T14:03:15","modified_gmt":"2021-03-03T19:03:15","slug":"aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\/","title":{"rendered":"Aaron’s Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n ATLANTA<\/span>, March 3, 2021<\/span> \/PRNewswire\/ — The Aaron’s Company, Inc. (NYSE: AAN), a leading technology-enabled omnichannel provider of lease-purchase solutions, announced that its Board of Directors authorized a $150 million<\/span> share repurchase program for the company’s outstanding common stock. The program expires on December 31, 2023<\/span>. <\/p>\n

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\n \"Aaron's
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The board also approved a cash dividend of $0.10<\/span> per share on the company’s common stock. The dividend will be paid on April 6<\/span>, 2021\u00a0to shareholders of record as of the close of business on\u00a0March 18, 2021. This is the first dividend declared by the Board since the Company’s spin-off from its former parent on November 30, 2020<\/span> and represents an initial annual dividend yield of approximately 1.8% based on the closing price of the Company’s common stock on March 2, 2021<\/span>.<\/p>\n

\n About Aaron’s
<\/b>Headquartered in\u00a0Atlanta,\u00a0The Aaron’s Company, Inc.\u00a0(NYSE: AAN), is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron’s engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada<\/span>, as well as its e-commerce platform, Aarons.com. For more information, visit investor.aarons.com or Aarons.com. <\/p>\n

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\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization-301239910.html<\/a><\/p>\n

SOURCE The Aaron’s Company, Inc.<\/p>\n<\/p><\/div>\n

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PR Newswire ATLANTA, March 3, 2021 \/PRNewswire\/ — The Aaron’s Company, Inc. (NYSE: AAN), a leading technology-enabled omnichannel provider of lease-purchase solutions, announced that its Board of Directors authorized a $150 million share repurchase program for the company’s outstanding common stock. The program expires on December 31, 2023. The board also approved a cash dividend of $0.10 per share on the company’s common stock. The dividend will be paid on April 6, 2021\u00a0to shareholders of record as of the close of business on\u00a0March 18, 2021. This is the first dividend declared by the Board since the Company’s spin-off from its former parent on November 30, 2020 and represents an initial annual dividend yield of approximately 1.8% based on the closing … <\/p>\n

Continue reading “Aaron’s Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-449899","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAaron's Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aaron's Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ATLANTA, March 3, 2021 \/PRNewswire\/ — The Aaron’s Company, Inc. (NYSE: AAN), a leading technology-enabled omnichannel provider of lease-purchase solutions, announced that its Board of Directors authorized a $150 million share repurchase program for the company’s outstanding common stock. The program expires on December 31, 2023. The board also approved a cash dividend of $0.10 per share on the company’s common stock. The dividend will be paid on April 6, 2021\u00a0to shareholders of record as of the close of business on\u00a0March 18, 2021. This is the first dividend declared by the Board since the Company’s spin-off from its former parent on November 30, 2020 and represents an initial annual dividend yield of approximately 1.8% based on the closing … Continue reading "Aaron’s Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-03T19:03:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/322518\/Aarons_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Aaron’s Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization\",\"datePublished\":\"2021-03-03T19:03:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/\"},\"wordCount\":213,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/322518\\\/Aarons_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aarons-announces-quarterly-cash-dividend-and-150-million-share-buyback-authorization\\\/\",\"name\":\"Aaron's Announces Quarterly Cash Dividend and $150 Million Share Buyback Authorization - 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