Aarons 1999 Annual Report Download - page 5

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3
Despite the record growth of the Company,
we are constantly challenged to achieve adequate
recognition of the value of Aaron Rents on
Wall Street. We were very pleased to be added
to the S&P SmallCap 600 Index in 1999, a
step that should help in attracting greater
investor interest.
Reflecting our commitment to add value,
since September 1998 the Company has
repurchased 1,595,900 shares of common stock
including 859,500 in 1999. We believe that
our strategy for building a strong company
and expanding internally will ultimately receive
recognition by the financial market.
Entering this new century, we are very
optimistic. We plan to increase substantially the
number of rental purchase stores throughout
the country and by year end could be near the
600-store mark. We intend to do this through
solid internal growth led by the highly success-
ful and increasingly profitable rental purchase
division including its elite corps of multi-store
franchise owners.
We have developed the concept that rental
purchase consumers love. If we will open the
stores, they will come.
That’s why we expect another record year
in 2000.
R. Charles Loudermilk, Sr.
Chairman and Chief Executive Officer
Robert C. Loudermilk, Jr.
President and Chief Operating Officer