- 825 lending locations in 20 states in the United States primarily under the names "Cash America Pawn," "SuperPawn," "Cash America Payday Advance," and "Cashland;" and
- 78 check cashing centers (all of which are unconsolidated franchised check cashing centers) operating in 12 states in the United States under the name "Mr. Payroll."
Cash America International, Inc. (NYSE: CSH) announced today that its board of directors, at its regularly scheduled meeting, authorized the repurchase of up to 3.0 million shares of the Company's outstanding common stock, par value $0.10 per share. The share repurchase authorization does not have an expiration date, and the amount and prices paid for any future share purchases under the new authorization will be based on market conditions and other factors at the time of the purchase. Repurchases under the share repurchase program will be made through open market purchases or private transactions, in accordance with applicable federal securities laws. This new authorization will commence upon conclusion of the previous authorization to purchase up to 4.0 million shares of common stock, which was announced on January 29, 2015. As of September 30, 2015, the Company had purchased 81.5% of the January 2015 authorization with 741,834 shares remaining to be repurchased. Repurchased shares will be held as treasury stock for general corporate purposes. As of September 30, 2015, there were approximately 26 million shares of Cash America common stock issued and outstanding; therefore, the new authorization represents approximately 12% of the currently issued and outstanding shares of common stock. About the Company As of September 30, 2015, Cash America International, Inc. (the "Company") operated 903 total locations offering specialty financial services to consumers, which included the following: