STOCK TITAN

Franchise Group Inc - FRGAP STOCK NEWS

Welcome to our dedicated news page for Franchise Group (Ticker: FRGAP), a resource for investors and traders seeking the latest updates and insights on Franchise Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franchise Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Franchise Group's position in the market.

Rhea-AI Summary
Franchise Group, Inc. announces stockholder approval for proposed acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
-
Rhea-AI Summary
Franchise Group, Inc. announces financial results for Q2 2023, with total reported revenue of $1.0 billion and net loss of $50.8 million. The Company has six reportable segments. The Series A Preferred Stock will be redeemed at $25.00 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Franchise Group, Inc. announced the redemption of all outstanding shares of its 7.50% Series A Cumulative Perpetual Preferred Stock. The redemption price is $25.00 per share, plus any accrued and unpaid dividends. The redemption is contingent upon the successful completion of the merger and will be paid on August 18, 2023. After the redemption, the Preferred Stock will no longer be deemed outstanding and will be delisted from trading on NASDAQ.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
-
Rhea-AI Summary
Franchise Group, Inc. has entered into a definitive agreement and plan of merger, with members of the senior management team acquiring the remaining 64% of the Company's common stock. The transaction has an enterprise value of $2.6 billion, with common stockholders receiving $30.00 per share in cash, representing a 31.9% premium over the unaffected stock price. The merger is expected to close in the second half of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.45%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.66%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.66%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.66%
Tags
Franchise Group Inc

Nasdaq:FRGAP

FRGAP Rankings

FRGAP Stock Data

Offices of Lawyers
Professional, Scientific, and Technical Services
Link
US
Virginia Beach

About FRGAP

liberty tax is income tax preparation at its best: friendly, accurate, and with a money back guarantee. founded in 1997 by ceo & tax industry expert john hewitt, liberty tax is the fastest-growing tax preparation franchise ever. from its start as canadian company u&r tax depot, liberty tax has become an industry leader with a network of over 30,000 tax preparers and almost 16 million individual tax returns prepared. in just 16 years, liberty tax has grown to more than 4,000 offices operating in the u.s. and canada. what makes liberty tax unique? we highly support our franchisees and firmly stand by our mission statement. known for our liberty wavers, roadside parties, and fun company culture, liberty tax has been recognized as raising the bar for all franchises, not just personal income tax-based businesses.