FirstCash Holdings' Board Of Directors Approved Additional $150M Buyback
Benzinga · 4d ago
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FirstCash repurchased $30 million of its common stock, bringing the year-to-date buybacks to a total of $90 million. Although we have $25 million remaining under the current authorization, the Board of Directors has authorized an additional $150 million for further potential share repurchases. Since our 2016 merger with Cash America, we have repurchased over $1 billion of our stock at an average price of $82 per share. Additionally, we paid a quarterly dividend of $0.42 per share in the third quarter, which represented an 11% increase over the previous quarterly dividend.
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