PROG Holdings Inc (NYSE:PRG)
$ 35.5 -0.08 (-0.22%) Market Cap: 1.53 Bil Enterprise Value: 1.89 Bil PE Ratio: 14.49 PB Ratio: 2.62 GF Score: 86/100

Q3 2021 PROG Holdings Inc Earnings Call Transcript

Nov 03, 2021 / 12:30PM GMT
Release Date Price: $47.59 (+15.51%)
Operator

Good day, and welcome to the PROG Holdings, Inc. Q3 2021 conference call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to John Baugh, Vice President of Investor Relations. Please go ahead.

John Allen Baugh
PROG Holdings, Inc. - VP of IR

Thank you, and good morning, everyone. Welcome to the PROG Holdings Third Quarter 2021 Earnings call. Joining me this morning are Steve Michaels, PROG Holdings' President and Chief Executive Officer and Brian Garner, our Chief Financial Officer. Many of you have already seen a copy of our earnings release issued this morning, which is available on our Investor Relations website, investor.progholdings.com.

During this call, certain statements we make will be forward-looking, including comments regarding our expectations related to the execution, amount and timing of -- and benefits expected from the modified Dutch auction tender offer to purchase up to $425 million of our shares of common stock, our new $1 billion repurchase program and any further or

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