Rent-A-Center, Inc. to Participate in the 6th Annual Wells Fargo FinTech & Technology Services Forum

Rhea-AI Summary

Rent-A-Center (NASDAQ: RCII) announced participation in the 6th Annual Wells Fargo FinTech & Technology Services Forum on August 11, 2021. Key management, including CEO Mitch Fadel and CFO Maureen Short, will host meetings with investors. Following the February acquisition of Acima Holdings, Rent-A-Center is transforming into a leader in virtual lease-to-own solutions. The company recently reported strong second-quarter results, raising its 2021 guidance and authorizing a $250 million share repurchase. For more details, visit Rentacenter.com.

Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that members of its management team will participate in the 6^th Annual Wells Fargo FinTech & Technology Services Forum on Wednesday, August 11, 2021, hosting small group meetings with investors. Rent-A-Center participants may include Mitch Fadel, CEO, Maureen Short, CFO, and Jason Hogg, EVP Acima. The conference will be a virtual event.

With its February 2021 acquisition of Acima Holdings LLC, Rent-A-Center is undergoing a dramatic transformation to a leader in virtual lease-to-own solutions, a highly underpenetrated and dynamic area of the FinTech sector. The Company recently announced strong results for the second quarter of 2021 that included raising its 2021 guidance and announcing a $250 million share repurchase authorization. Rent-A-Center Second Quarter 2021 Results. In addition, earlier this week the Company issued a press release highlighting key elements of its groundbreaking virtual lease-to-own Acima Ecosystem. Rent-A-Center: Acima Launches New Digital Ecosystem.

About Rent-A-Center, Inc.

Rent-A-Center, Inc. (NASDAQ: RCII) is a leading provider of technology driven, flexible, no debt obligation leasing solutions that offer underserved consumers access to and potential ownership of high-quality durable goods that enhance the quality of life. The Company’s omni-channel model utilizes proprietary data and technology to facilitate transactions across a wide range of retail channels including its own Acima virtual lease-to-own platform, Rentacenter.com, e-commerce partner platforms, partner retail stores, and Rent-A-Center branded stores. For additional information about the Company, please visit our website Rentacenter.com or Investor.rentacenter.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210806005328/en/

FAQ

What is the date of the 6th Annual Wells Fargo FinTech Forum for Rent-A-Center?

The 6th Annual Wells Fargo FinTech & Technology Services Forum for Rent-A-Center is on August 11, 2021.

Who will represent Rent-A-Center at the Wells Fargo Forum?

Mitch Fadel (CEO), Maureen Short (CFO), and Jason Hogg (EVP Acima) will represent Rent-A-Center.

What recent acquisition has Rent-A-Center made?

Rent-A-Center acquired Acima Holdings LLC in February 2021.

What financial results did Rent-A-Center announce recently?

Rent-A-Center announced strong second-quarter results and raised its 2021 guidance.

What is the share repurchase authorization amount for Rent-A-Center?

Rent-A-Center has authorized a $250 million share repurchase.