King & Spalding advised Aaron’s Holdings Company, Inc. as it completed its spin-off of its Aaron’s Business segment. AARONS HOLDINGS COMPANY INC … Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business Company Establishes Record Date of November 27, 2020 Anticipates Closing Spin-Off … Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. Submit spin-off, Aaron’s Holdings shall be renamed as PROG Holdings, Inc., whereas the spun-off unit that can maintain the Aaron’s enterprise phase shall be named as The Aaron’s Firm, Inc. Each the entities will commerce on NYSE underneath the symbols “PRG” and “AAN”, respectively. 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 … Aaron’s Holdings Company, Inc. (the “Company”) and The Aaron’s Company, Inc. (“Aaron’s SpinCo”), currently a wholly-owned subsidiary of the Company, intend to make a series of presentations to the investment community in anticipation of the Company’s previously announced spin-off of its Aaron’s Business segment. If you have any questions, please contact Aaron’s by writing Aaron’s, Inc. You can sign up for additional alert options at any time. Following the spin-off … If you experience any issues with this process, please contact us for further assistance. Investors are encouraged to consult with their financial advisors regarding the specific implications of buying and selling Company common stock on or before the distribution date. The Aaron's Business engages in the sales and lease ownership and specialty retailing of furniture, home appliances, consumer electronics and accessories through its approximately 1,400 Company-operated and franchised stores in 47 states, Puerto Rico and Canada, as well as its e-commerce platform, Aarons.com. Nachrichten zur Aktie Aarons Holdings Company Inc Registered Shs Ex-distribution When issued | PRG.W | US74319R1014 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. The distribution of The Aaron's Company common stock is subject to the satisfaction or waiver of certain conditions including, but not limited to, the Registration Statement on Form 10 for The Aaron's Company common stock being declared effective by the U.S. Securities and Exchange Commission, and the other conditions described in the information statement included in the Form 10. Aaron's Holdings Anticipates Closing Spin-Off of Aaron's Business on November 30, 2020 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. At Aaron's, Inc., we promise to treat your data with respect and will not share your information with any third party. Wird mit dieser News am Montag ein Super-Hype ausgelöst? The spun-off company that will hold the Aaron's Business segment will be named The Aaron's Company, Inc. (The Aaron's Company), and its common stock will trade on the New York Stock Exchange under the symbol "AAN". AAN – Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. You must click the activation link in order to complete your subscription. 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 distribution of the Aaron's Business segment to the Company's shareholders. 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." Trending... CDC 2020 in Review; State of Writing 2021 examines how to improve writing ROI; Uply Media, Inc Will Leverage Cryptocurrency Domains In 2021 ATLANTA, Nov. 17, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease-purchase … and under the name "The Aaron's Company, Inc." "When issued" trading of common stock of The Aaron's Company will continue until the distribution occurs. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business November 17, 2020 Company Establishes Record Date of November 27, 2020 Anticipates Closing Spin-Off on November 30, 2020 ATLANTA , Nov. 17, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease- The separation will be completed through a pro rata dividend of The Aaron’s Company common stock to shareholders on record by November 27, 2020. The spin-off has been structured to qualify as a tax-free distribution to Company shareholders and the Company for U.S. federal income tax purposes, except with respect to cash received in lieu of fractional shares. ET You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. After submitting your request, you will receive an activation email to the requested email address. On July 29, 2020, Aaron’s Holding Co (AAN) announced that it intends to split into two companies. Trading in common stock of The Aaron's Company is expected to begin on a "when issued" basis on or about November 25, 2020 on the New York Stock Exchange, under the symbol "AAN WI." Anticipates Closing Spin-Off on November 30, 2020 Progressive Leasing provides lease-purchase solutions through more than 20,000 retail partner locations in 46 states and the District of Columbia, including e-commerce merchants. Vice President, Corporate Communications & Investor Relations, 678-402-3590 ATLANTA, Nov. 17, 2020 /PRNewswire/ -- 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 distribution of the Aaron's Business segment to the Company's shareholders. Aaron’s reported record revenues and earnings in 3Q20, exceeding consensus across the … Except as required by law, the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this press release. Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock Exchange under the new symbol "PRG". Aaron’s Holding Company will spin off the company’s Aaron’s Business segment to company shareholders this week. AARONS AKTIE und aktueller Aktienkurs. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business, PROG HOLDINGS-Aktie komplett kostenlos handeln - auf Smartbroker.de, PROG Holdings, Inc. - 8-K, Current Report, XFRA NEW INSTRUMENTS AVAILABLE ON XETRA - 04.12.2020, XFRA DELETION OF INSTRUMENTS FROM BOERSE FRANKFURT - 03.12.2020, Impressum | AGB | Disclaimer | Datenschutz. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "will," "expected," "positioned," and similar terminology. Shareholders will receive cash in lieu of any fractional shares that they would otherwise receive in the distribution. ATLANTA, Nov. 17, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN) (the "Company"), a leading omnichannel provider of lease-purchase solutions, today announced that its … These risks and uncertainties include factors such as (a) uncertainties as to the timing of the separation and whether it will be completed; (b) the possibility that various closing conditions for the separation may not be satisfied; (c) failure of the separation to qualify for the expected tax treatment; (d) the risk that the Aaron's and Progressive businesses will not be separated successfully or such separation may be more difficult, time-consuming and/or costly than expected; (e) the possibility that the operational, strategic and shareholder value creation opportunities from the separation may not be achieved; (f) the effects on our business from the COVID-19 pandemic, including its impact on our revenue and overall financial performance and the manner in which we are able to conduct our operations; (g) increases in lease merchandise write-offs and the provision for returns and uncollectible renewal payments in light of the impact of the COVID-19 pandemic; and (h) the other risks and uncertainties discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in the Company's Quarterly Report on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and The Aaron's Company's Registration Statement on Form 10, as amended, initially filed with the U.S. Securities and Exchange Commission on November 2, 2020. The Aaron's Company's Registration Statement on Form 10, as amended, including an Information Statement describing the spin-off, the Aaron's … In the latest press release by The Aaron's Company Inc., dated 12/1/20, the company reported that it has completed its spin-off and will trade on the NYSE under the familiar ticker AAN. About 530,520 … The company’s board of directors has established November 30 as the anticipated closing date., Read More ATLANTA, Nov. 5, 2020 /PRNewswire/ -- Aaron's Holdings Company, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today … Wie bewerten Sie die aktuell angezeigte Seite? The Aaron's Company's Registration Statement on Form 10, as amended, including an Information Statement describing the spin-off, the Aaron's Business, certain risks of owning common stock of The Aaron's Company and other details regarding the separation and distribution has been filed with the U.S. Securities and Exchange Commission and notice of internet availability of the information statement will be mailed to the Company's shareholders as of the record date and posted to the investor relations section of the Company's website. Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock Exchange under the new symbol "PRG". November 17, 2020. 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 … The day’s price range saw the stock hit a low of $16.74, while the highest price level was $22.11. I would like to receive information about special offers and promotions from Aaron’s. Push Mitteilungen FN als Startseite. Company Establishes Record Date of November 27, 2020. Aaron’s Holdings Company Inc. [NYSE: AAN] closed the trading session at $18.41 on 12/01/20. The separation is planned as a tax-free spin-off of Aaron's to the Company's shareholders and is expected to be completed by the end of the year. The spin-off resulted in the creation of two, independent publicly-traded companies: PROG Holdings, Inc. (NYSE: PRG) (“Progressive”) and The Aaron’s Company, Inc. (NYSE: AAN) (“Aaron’s”), both of which opened for trading this morning on the NYSE. The Company anticipates that "regular way" trading of common stock of The Aaron's Company under the symbol "AAN" will begin on December 1, 2020. The spun-off company that will hold the Aaron's Business segment will be named The Aaron's Company, Inc. Sie erhalten auf FinanzNachrichten.de kostenlose Realtime-Aktienkurse von. Spin-Off Research. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Aaron's Holdings Directors Raise Dividend By 12.5% . Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock Exchange under the new symbol "PRG". Any Company shareholders who sell their shares in the "regular-way" market on or before November 27, 2020, will also be selling their right to receive The Aaron's Company common stock in the distribution. Aaron’s Holding Company will be renamed Prog Holdings Incl. 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." Key Highlights of the Conference Call. The spin-off resulted in the creation of two, independent publicly-traded companies: PROG Holdings, Inc. (NYSE: PRG) (“Progressive”) and The Aaron’s Company, Inc. (NYSE: AAN) (“Aaron’s”), both of which opened for trading this morning on the NYSE. (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. November 17, 2020 ; 10:20 pm ; ATLANTA, Nov. 17, 2020 /PRNewswire/ — 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 … Aarons Holdings Company Inc. (AAN) had a good day on the market for Thursday December 31 as shares jumped 4.64% to close at $18.96. as part of a spin-off of the company’s Aaron’s Business segment to company shareholders. On December 1, 2020, "regular-way" trading for the Company under the name "PROG Holdings, Inc." will begin on the NYSE under the symbol "PRG.". Anticipates Closing Spin-Off on November 30, 2020. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. The Aaron’s Company Inc which retained the parent symbol “AAN” is comprised of approximately 1,400 company-operated and franchised stores in U.S. and Canada, the e-commerce platform Aarons.com, and Woodhaven Furniture Industries. … The Aaron's Company, Inc. (NYSE: AAN) completed a spin-off from its former parent company this week and is now trading as an independent … Company shareholders should consult with their tax advisors with respect to the U.S. federal, state, local and foreign tax consequences of the spin-off. Company Establishes Record Date of November 27, 2020, Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business, http://www.prnewswire.com/news-releases/aarons-holdings-sets-record-and-closing-date-for-spin-off-of-the-aarons-business-301175413.html. View original content:http://www.prnewswire.com/news-releases/aarons-holdings-sets-record-and-closing-date-for-spin-off-of-the-aarons-business-301175413.html, Michael P. Dickerson The spun-off company that will hold the Aaron's Business segment will be named The Aaron's Company, Inc. (The Aaron's Company), and its common stock will trade on the New York Stock Exchange under the symbol "AAN". Each Company shareholder as of the record date will receive one (1) share of common stock of The Aaron's Company for every two (2) shares of Company common stock held by such shareholder on the record date. Headquartered in Atlanta, Aaron's Holdings Company, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Following the spin-off transaction, the Company will be renamed PROG Holdings, Inc and will trade on the New York Stock Exchange under the new symbol "PRG". Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release 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. Published. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business Company Establishes Record Date of November 27, 2020 Anticipates Closing Spin-Off … ATLANTA, Nov. 17, 2020 /PRNewswire/ -- 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 distribution of the Aaron's Business segment to the Company's shareholders. Nov 5, 2020. Press Release Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business Published: Nov. 17, 2020 at 6:20 p.m. Nov 17, 2020. 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 distribution of the Aaron's Business segment to the Company's shareholders. Key Highlights of the Conference Call. Ganz selten: Bewegende Meldung! Aktien » Nachrichten » AARONS AKTIE » Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. The separation will be completed through a pro rata dividend of The Aaron's Company common stock to Company shareholders of record as of the close of business on the record date. On November 17, 2020, Aaron’s Holdings Firm, Inc. introduced extra particulars of the separation. Aaron's (Consolidated) - $54.76 per share . InvestorRelations@aarons.com. We think that The Aaron’s Company is a classic, undervalued spin-off situation and we wrote about it before. and under the new name "PROG Holdings, Inc.". Vive Financial, provides a variety of second-look credit products that are originated through federally-insured banks. Attention: NSC, 400 Galleria Pkwy SE, Suite 300, Atlanta, GA 30339, USA or contact us at 1-800-950-7368. ET Aaron's (Consolidated) - $54.76 per share . The Aaron's Company, Inc. (NYSE: AAN) completed a spin-off from its former parent company this week and is now trading as an independent … Published. Spin-Off Research. Shareholders received cash in lieu of any fractional shares. The company report on December 1, 2020 that The Aaron’s Company, Inc. Completes Spin-off; Begins Trading as Independent, Publicly Traded Company. Beginning on November 25, 2020, and continuing until the occurrence of the distribution, the Company expects that Company common stock will trade in two markets on the NYSE: in the "regular-way" market under the symbol "AAN" and under the current name, "Aaron's Holdings Company, Inc.", and in the "ex-distribution" market under the symbol "PRG WI." 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, Aarons.com, Woodhaven Furniture Industry. The distribution does not require shareholder approval, nor is any shareholder action necessary to receive shares in the distribution of common stock of The Aaron's Company. For more information, visit investor.aarons.com, Aarons.com, ProgLeasing.com, and ViveCard.com. By providing your email address below, you are providing consent to Aaron's, Inc. to send you the requested Investor Email Alert updates. Aaron’s reported record revenues and earnings in … Press Release Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business Published: Nov. 17, 2020 at 6:20 p.m. SUBMIT. Shareholders who hold Company common stock as of the record date will receive shares in book-entry form and no physical share certificates of The Aaron's Company will be issued. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. The spun-off company that will hold the Aaron's Business segment will be named The Aaron's Company, Inc. (The Aaron's Company), and its common stock will trade on the New York Stock Exchange under the symbol "AAN". Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business. Statements in this press release that are "forward-looking" include without limitation statements regarding the planned separation of the Aaron's and Progressive businesses, the timing of any such separation, the expected benefits of the separation, and the future performance of the Aaron's and Progressive businesses if the separation is completed. Aaron's Holdings Sets Record and Closing Date for Spin-Off of the Aaron's Business Company Establishes Record Date of November 27, 2020. Which speak only as of the Aaron ’ s Holdings company, Inc., we promise to your. The ‘ unsubscribe ’ section below omnichannel provider of lease-purchase solutions, and ViveCard.com ‘ unsubscribe section. More information, visit investor.aarons.com, Aarons.com, ProgLeasing.com, and ViveCard.com speak only as of the Aaron 's.... Low of $ 16.74, while the highest price level was $ 22.11 writing Aaron ’ s by Aaron! Record and Closing Date for Spin-Off of its Aaron ’ s Business to. 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