Dividends & Buybacks ·
PROG Holdings initiates $100M accelerated share repurchase program with Bank of America
PRGPROG Holdings, Inc.
On October 29, 2026, PROG Holdings entered into an accelerated share repurchase agreement with Bank of America to buy back up to $100 million of its common stock. The company paid the full amount upfront and received an initial delivery of approximately 2.59 million shares. Final settlement is expected by the end of the first quarter of 2027, with the total share count determined by the volume-weighted average price during the program term. This transaction is executed under a repurchase authority reauthorized by the Board on October 26, 2026. PROG Holdings provides data management and analytics solutions for the life sciences industry.