![]() ![]() The company expects to use a portion of the net proceeds to redeem about $83.1 million of its 3.00% convertible senior notes due 2020 for approximately $85.0 million. o 26M of ECPG share repurchases in Q1 returned 415M of capital to shareholders over the past 5 quarters. The notes can also be redeemed on or before the 40th trading day before the maturity date if the common share price exceeds 130% of the conversion price for a specified period of time. o Global portfolio purchases were 170M at a purchase price multiple of 2.3x. In the U.S., with lending in charge-off rates continuing to steadily increase. The ratio is equal to a conversion price of $40.00 per common share, according to the company.Įncore Capital can redeem the notes, in whole or in part, on or after Oct. Welcome to Encore Capital Groups Q2 2023 Earnings Conference Call. Noteholders can convert their notes to common shares at an initial conversion rate of 25.0000 common shares per $1,000 principal amount of notes, from and after July 1, 2025. The average annual share price increase of 29 is actually lower than. 1 of each year, with the first payment to be made April 1, 2020. During three years of share price growth, Encore Capital Group achieved compound earnings per share growth of 61 per year. Interest payments will be made April 1 and Oct. Get the latest Encore Capital Group Inc ECPG detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. ![]() Encore estimates net proceeds of approximately $97.1 million after deducting the initial purchasers' discounts and commissions and estimated fees and expenses. View Encore Capital Group Inc ECPG investment & stock information. Monitor the latest movements within the Encore Capital Group Inc real time stock price chart below. View the ECPG premarket stock price ahead of the market session or assess the after hours quote. ![]() The company granted initial purchasers an option to purchase up to an additional $15.0 million principal to cover overallotments. Encore Capital Group Inc share price live 46.94, this page displays NASDAQ ECPG stock exchange data. (ECPG) Stock Price Today, Quote & News Seeking Alpha ECPG Encore Capital Group, Inc. View analysts price targets for ECPG or view top-rated stocks among Wall Street analysts. This suggests a possible upside of 26.8 from the stock's current price. In the last twelve months, the biggest single purchase by an insider was when Independent Director Wendy Hannam bought US78k worth of shares at a price of US31.01 per share. On average, they predict the company's share price to reach 59.50 in the next year. priced its private offering of $100 million of 3.25% convertible senior notes due Oct. Their ECPG share price forecasts range from 58.00 to 61.00. ![]()
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