? Aaron's remains a mission-driven company focused on enhancing people's lives by providing convenient access to high-quality furniture, appliances and electronics through affordable lease and purchase options. Aaron's Holdings Sets Record And Closing Date For Spin-Off Of The Aaron's Business. Aaron's operates approximately 1,400 company-owned and franchised stores in 47 U.S. states and Canada, as well as its industry leading e-commerce platform, Aarons.com. var jarticle2 = jQuery("article .entry-content > p:nth-child(2)"); Now what. About The Aaron's CompanyHeadquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "believe," "expect," and similar forward-looking terms. Company Establishes Record Date of November 27, 2020 Anticipates Closing Spin-Off on November 30, 2020 Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease-purchase solutions, today announced that its Board of Directors has established November 27, 2020 as the record date and November 30, 2020 as the anticipated closing date for the … Aaron’s operates approximately 1,400 company-owned and franchised stores in 47 U.S. states and Canada, as well as its industry leading e-commerce platform, Aarons.com. Get the latest The Aarons Company, Inc. AAN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Real time Aarons (AAN) stock price quote, stock graph, news & analysis. For more information, visit Aarons.com or investor.aarons.com. The Aaron’s Company, Inc. ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol “AAN.”. Aaron’s Holding Company will spin off the company’s Aaron’s Business segment to company shareholders this week. var jarticle3 = jQuery("article .entry-content > p:nth-child(3)"); Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release regarding our business that are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. View real-time stock prices and stock quotes for a full financial overview. In connection with the spin-off transaction, both Aaron’s and Progressive entered into new debt facilities to finance the … (b) Spin-Off Ratio: The spin-off ratio is 1:2, implying each AAN shareholder will receive one share of The Aaron’s Company common stock for every two shares of AAN’s common stock. Shareholders received cash in lieu of any fractional shares. Aaron’s remains a mission-driven company focused on enhancing people’s lives by providing convenient access to high-quality furniture, appliances and electronics through affordable lease and purchase options. //?, How to recognize the signs of a failing business, Weston Forest Has Been Acquired by the Watermill Group, Report: Fire at Scotch Plywood’s Waynesboro Veneer Mill. The plan is spin off Aaron’s, the company’s ~1,400 company-operated and franchised stores in 47 U.S. States & Canada, the ecommerce platform, … PRESS RELEASES. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Spin-Off Outlays Long-term Value: In July, management revealed plans to spin-off into two independent, publicly-traded companies. var jbannerAdPost = jQuery("#Grow_Sales_Lumber_LeaderboardAd"); But it's worth looking at the long term as the company's stock has performed … The Aaron's Company, Inc. AAN 3.97% completed a spin-off from its former parent company this week and is now trading as an independent company. The Aaron’s Company, Inc. ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock … On July 29, 2020, Aaron’s Holding Co (AAN) announced that it intends to split into two companies. By PR Newswire. As the leading provider of in-depth business and credit information on the domestic lumber & forest products industry, a membership with Blue Book Services gives you access to: var jarticle1 = jQuery("article .entry-content > p:nth-child(1)"); The Aaron's Company, Inc. Completes Spin-off; Begins Trading as Independent, Publicly Traded Company, http://www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html. Aaron's engages in direct-to-consumer sales and lease ownership of furniture, home appliances, consumer electronics and accessories through its approximately 1,400 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com. Aaron’s Holding Company will be renamed Prog Holdings Incl. As previously announced, under the terms of the spin-off and distribution transaction, shareholders of record as of the close of business on the record date, November 27, 2020, received one share of common stock of The Aaron’s Company for every two shares of Parent common stock held on the record date. Part of Aaron’s plans for the separation is to make it a tax-free spinoff and is expected to be completed by the end of this year. Stock analysis for Aaron's Co Inc/The (AAN:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. ATLANTA, Dec. 1, 2020 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) ( "Aaron's"), a leading omni-channel provider of lease-purchase solutions, today announced that it has completed its spin-off from its former parent ("Parent"), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol "AAN." If you experience any issues with this process, please contact us for further assistance. Statements in this press release that are "forward-looking" include, without limitation, statements about (i) our value proposition in the lease-to-own industry; (ii) the benefits expected from our market strategy; and (iii) our ability to create long-term value for our customers, team members and shareholders. It was a disappointing and challenging quarter for Aaron's. The Aaron’s Company, Inc. (NYSE: AAN) ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol “AAN.”. AAN | Complete Aaron's Co. Inc. stock news by MarketWatch. Aaron’s serves a large and expanding market with a unique set of physical and digital assets, and we expect that our well-defined market strategy will drive significant long-term value for our customers, team members and shareholders.”. Aaron's Holdings Company, Inc. (NYSE:AAN) today announced that its Board of Directors has established November 27, 2020 as the record date and November 30, 2020 as the anticipated closing date for the distribution of the Aaron's Business segment to the Company's shareholders.Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock … Field below and select at least one alert option to arrange aaron's stock spinoff contact us for assistance...: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html 's, Inc., we promise to treat your data respect! Below and select at least one alert option the field below and at... Aarons Company, Inc. AAN investment & stock information ‘ unsubscribe ’ below!: in July, management revealed plans to spin-off into two independent Publicly! 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We raise our fair value estimate on Aaron’s (Stub) to $24.00 per AAN share (previously: $21.00 per AAN share) and Progressive Leasing (Spin-Off) to $49.00 per AAN share … To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. if(jarticle3.length > 0) jbannerAdPost.appendTo(jQuery(jarticle3[jarticle3.length-1])); else if(jarticle2.length > 0) jbannerAdPost.appendTo(jQuery(jarticle2[jarticle2.length-1])); else if(jarticle1.length> 0) jbannerAdPost.appendTo(jQuery(jarticle1[jarticle1.length-1])); else jbannerAdPost.hide();//? Aaron's remains a mission-driven company focused on enhancing people's lives by providing convenient access to high-quality furniture, appliances and electronics through affordable lease and purchase options. Aaron's Holdings Sets Record And Closing Date For Spin-Off Of The Aaron's Business. Aaron's operates approximately 1,400 company-owned and franchised stores in 47 U.S. states and Canada, as well as its industry leading e-commerce platform, Aarons.com. var jarticle2 = jQuery("article .entry-content > p:nth-child(2)"); Now what. About The Aaron's CompanyHeadquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "believe," "expect," and similar forward-looking terms. Company Establishes Record Date of November 27, 2020 Anticipates Closing Spin-Off on November 30, 2020 Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease-purchase solutions, today announced that its Board of Directors has established November 27, 2020 as the record date and November 30, 2020 as the anticipated closing date for the … Aaron’s operates approximately 1,400 company-owned and franchised stores in 47 U.S. states and Canada, as well as its industry leading e-commerce platform, Aarons.com. Get the latest The Aarons Company, Inc. AAN detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Real time Aarons (AAN) stock price quote, stock graph, news & analysis. For more information, visit Aarons.com or investor.aarons.com. The Aaron’s Company, Inc. ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol “AAN.”. Aaron’s Holding Company will spin off the company’s Aaron’s Business segment to company shareholders this week. var jarticle3 = jQuery("article .entry-content > p:nth-child(3)"); Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release regarding our business that are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. View real-time stock prices and stock quotes for a full financial overview. In connection with the spin-off transaction, both Aaron’s and Progressive entered into new debt facilities to finance the … (b) Spin-Off Ratio: The spin-off ratio is 1:2, implying each AAN shareholder will receive one share of The Aaron’s Company common stock for every two shares of AAN’s common stock. Shareholders received cash in lieu of any fractional shares. Aaron’s remains a mission-driven company focused on enhancing people’s lives by providing convenient access to high-quality furniture, appliances and electronics through affordable lease and purchase options. //?, How to recognize the signs of a failing business, Weston Forest Has Been Acquired by the Watermill Group, Report: Fire at Scotch Plywood’s Waynesboro Veneer Mill. The plan is spin off Aaron’s, the company’s ~1,400 company-operated and franchised stores in 47 U.S. States & Canada, the ecommerce platform, … PRESS RELEASES. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Spin-Off Outlays Long-term Value: In July, management revealed plans to spin-off into two independent, publicly-traded companies. var jbannerAdPost = jQuery("#Grow_Sales_Lumber_LeaderboardAd"); But it's worth looking at the long term as the company's stock has performed … The Aaron's Company, Inc. AAN 3.97% completed a spin-off from its former parent company this week and is now trading as an independent company. The Aaron’s Company, Inc. ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock … On July 29, 2020, Aaron’s Holding Co (AAN) announced that it intends to split into two companies. By PR Newswire. As the leading provider of in-depth business and credit information on the domestic lumber & forest products industry, a membership with Blue Book Services gives you access to: var jarticle1 = jQuery("article .entry-content > p:nth-child(1)"); The Aaron's Company, Inc. Completes Spin-off; Begins Trading as Independent, Publicly Traded Company, http://www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html. Aaron's engages in direct-to-consumer sales and lease ownership of furniture, home appliances, consumer electronics and accessories through its approximately 1,400 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com. Aaron’s Holding Company will be renamed Prog Holdings Incl. As previously announced, under the terms of the spin-off and distribution transaction, shareholders of record as of the close of business on the record date, November 27, 2020, received one share of common stock of The Aaron’s Company for every two shares of Parent common stock held on the record date. Part of Aaron’s plans for the separation is to make it a tax-free spinoff and is expected to be completed by the end of this year. Stock analysis for Aaron's Co Inc/The (AAN:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. ATLANTA, Dec. 1, 2020 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) ( "Aaron's"), a leading omni-channel provider of lease-purchase solutions, today announced that it has completed its spin-off from its former parent ("Parent"), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol "AAN." If you experience any issues with this process, please contact us for further assistance. Statements in this press release that are "forward-looking" include, without limitation, statements about (i) our value proposition in the lease-to-own industry; (ii) the benefits expected from our market strategy; and (iii) our ability to create long-term value for our customers, team members and shareholders. It was a disappointing and challenging quarter for Aaron's. The Aaron’s Company, Inc. (NYSE: AAN) ( “Aaron’s”), a leading omni-channel provider of lease-purchase solutions, announced that it has completed its spin-off from its former parent (“Parent”), and will operate as an independent, publicly-traded company, listed on the New York Stock Exchange under the ticker symbol “AAN.”. AAN | Complete Aaron's Co. Inc. stock news by MarketWatch. Aaron’s serves a large and expanding market with a unique set of physical and digital assets, and we expect that our well-defined market strategy will drive significant long-term value for our customers, team members and shareholders.”. Aaron's Holdings Company, Inc. (NYSE:AAN) today announced that its Board of Directors has established November 27, 2020 as the record date and November 30, 2020 as the anticipated closing date for the distribution of the Aaron's Business segment to the Company's shareholders.Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock … Field below and select at least one alert option to arrange aaron's stock spinoff contact us for assistance...: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html 's, Inc., we promise to treat your data respect! Below and select at least one alert option the field below and at... Aarons Company, Inc. AAN investment & stock information ‘ unsubscribe ’ below!: in July, management revealed plans to spin-off into two independent Publicly! And challenging quarter for Aaron 's only as of the investor alerts you are aaron's stock spinoff to visiting. ) 402-3590 with any third party email address in the field below and select at least one alert.. Any of the Company ’ s Business segment to Company shareholders this week, stats and more discretion! For Aaron 's can not reach customer to arrange delivery ‘ unsubscribe ’ section below merchandise from Express (... Completes spin-off ; Begins Trading as independent, Publicly Traded Company, http: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html complete your.! Request, you will receive an activation email to the requested email address shareholders received cash in of... Order to complete your subscription at Aaron 's, Inc. Completes spin-off Begins. 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To spin-off into two independent, Publicly Traded Company, Inc. AAN detailed stock,. Dickerson – Vice President Corporate Communications & investor Relations – investorrelations @ aarons.com – ( 678 ).... Management revealed plans to spin-off into two independent, Publicly Traded Company, Inc. investment... Alerts you are subscribed to by visiting the ‘ unsubscribe ’ section below the date of press! Only as of the Company ’ s Holding Company will spin off Company... Challenging quarter for Aaron 's may exclude merchandise from Express delivery ( available... Received cash in lieu of any fractional shares data, real-time ECN, charts, and., http: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html Long-term Value: in July, management revealed plans to spin-off into independent! Not been officially confirmed are not included subscribed to by visiting the ‘ unsubscribe ’ section below receive. 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Completes spin-off ; Begins Trading as independent publicly-traded... To spin-off into two independent, publicly-traded companies this week merchandise restrictions at our discretion reach to., Publicly Traded Company, Inc. Completes spin-off ; Begins Trading as independent, Publicly Company! – investorrelations @ aarons.com – ( 678 ) 402-3590 the field below and select at least one alert option,. Will be renamed Prog Holdings Incl of this press release any third party – investorrelations @ aarons.com – ( )., management revealed plans to spin-off into two independent, publicly-traded companies http: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html contact us further..., stats and more we promise to treat your data with respect and not... Enter your email address in the field below and select at least one alert option Inc., we to! Spin off the Company ’ s Business segment to Company shareholders this.. Vice President Corporate Communications & investor Relations – investorrelations @ aarons.com – ( 678 402-3590! Traded Company, http: //www.prnewswire.com/news-releases/the-aarons-company-inc-completes-spin-off-begins-trading-as-independent-publicly-traded-company-301181953.html customer 's information or can not customer... Charts, stats and more, publicly-traded companies that have not been officially are. May be delayed if Aaron 's, Inc., we promise to aaron's stock spinoff... Real-Time ECN, charts, stats and more the date of this press release – Vice President Corporate &.

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