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PRAA Buyback image

PRA Group, Inc. Buyback

OLI recorded this information on 11/1/2021

Company: PRA Group, Inc.
Buyback: PRAA buyback
$Amount Authorized: $80,000,000
Buyback Details: PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that its Board of Directors has authorized an increase of $80 million to its existing share repurchase authorization.

PRA Group is a financial and business services company with operations in the Americas, Europe, and Australia. Co.'s main business is the purchase, collection and management of portfolios of nonperforming loans. Co. purchases portfolios of nonperforming loans in two categories: Core, which focuses on purchasing and collecting nonperforming loans, which it purchased since either the credit originators and/or other third-party collection agencies have been unsuccessful in collecting the balance owed; and Insolvency, which consists of purchasing and collecting on nonperforming loan accounts where the customer is involved in a bankruptcy proceeding or the equivalent in some European countries.

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PRAA — Key Stats (updated 14 hours, 18 minutes ago)
Company Name:  PRA Group Inc
Stock buyback:  PRAA buyback
Website:  www.pragroup.com
Sector:  Investment Brokerages
Number of ETFs Holding PRAA:  41
Total Market Value Held by ETFs:  $218.01M
Total Market Capitalization:  $876.00M
% of Market Cap. Held by ETFs:  24.89%
 

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April 20, 2024  •  12:53 AM Eastern
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Avg. Broker Rec.

Buy (3.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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