Stock Repurchase Plan

12 Months Ended

Dec. 31, 2016

Stock Repurchase Plan [Abstract]

Stock Repurchase Plan

Note R — Stock Repurchase Plan

Under our current common stock repurchase program, our Board of Directors has authorized the purchase, from time to time, in the open market and privately negotiated transactions, of up to an aggregate of $1.25 billion of Rent-A-Center common stock. We have repurchased a total of 36,994,653 shares of Rent-A-Center common stock for an aggregate purchase price of $994.8 million as of December 31, 2016, under this common stock repurchase program. No shares were repurchased during 2016 and 2015.