Tranche Update on EZCORP, Inc.'s Equity Buyback Plan announced on May 4, 2022.
January 31, 2024 at 04:11 pm
Share
From October 1, 2023 to December 31, 2023, the company has repurchased 354,882 shares, representing 0.65% for $3 million. With this, the company has completed the repurchase of 1,981,927 shares, representing 3.56% for $17.04 million under the buyback announced on May 4, 2022.
EZCORP, Inc. is a provider of pawn transactions in the United States and Latin America. The Company also sells merchandise, primarily collateral forfeited from pawn lending operations and pre-owned and recycled merchandise purchased from customers. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The U.S. Pawn segment includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States. The Latin America Pawn segment includes its Empeno Facil, Cash Apoyo Efectivo (CAE) and other branded pawn operations in Mexico, as well as its GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador, and Honduras (GPMX). At its pawn stores, it advances cash against the value of collateralized tangible personal property and sells merchandise to customers looking for good value. The merchandise it sells primarily consists of second-hand collateral forfeited from its pawn activities or merchandise purchased from customers.
EZCORP, INC. 
