---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-350815"
form_type: "8-K"
ticker: "PRG"
cik: "0001808834"
company_name: "PROG Holdings, Inc."
filed_at: "2021-12-08T23:59:59+00:00"
generated_at: "2026-06-28T02:52:55.893902+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PROG Holdings completes $425M tender offer at $49/share, repurchases ~13.2% of shares

## Summary
- Final purchase price $49.00 per share; aggregate cost approx. $425M excluding fees.
- 8,673,469 shares accepted on a pro rata basis; proration factor 77.8%.
- Shares repurchased represent 13.2% of outstanding common stock as of Dec 1, 2021.
- Tender offer expired Dec 3, 2021; payment to tendering shareholders on Dec 9, 2021.
- J.P. Morgan served as dealer manager; Georgeson LLC acted as information agent.

## SEC filing metadata
- accession: 0001193125-21-350815
- form_type: 8-K
- ticker: PRG
- cik: 0001808834
- company_name: PROG Holdings, Inc.
- filed_at: 2021-12-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808834/000119312521350815/0001193125-21-350815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808834/000119312521350815/d241748d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-350815
- JSON: https://secwatch.observer/filing/0001193125-21-350815.json
- Plain text: https://secwatch.observer/filing/0001193125-21-350815.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.