Engaged Capital Reports 6.5% Stake in Rent-A-Center

Dow Jones

Dec 10, 2022

By Kathryn Hardison

Engaged Capital LLC has reported a 6.5% stake in Rent-A-Center Inc.

The group purchased the shares because it believed they were undervalued and represented an attractive investment opportunity, according to a Friday filing with the Securities and Exchange Commission.

Affiliates of Engaged Capital also reported stakes in the rental company.

Write to Kathryn Hardison at kathryn.hardison@wsj.com

(END) Dow Jones Newswires

December 09, 2022 17:42 ET (22:42 GMT)

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