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Engaged Capital's Actions to Enhance Stockholder Value and Governance at PRA Group, Inc (PRAA)

Key Summary: On December 13, 2023, Engaged Capital (5.1%) communicated with the board and management to enhance stockholder value, proposing the addition of senior personnel and new independent directors for value creation.

Market Cap: $877 million | PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Europe, and Australia. 


On December 13, 2023, Engaged Capital (5.1%) stated that they are in communication with the board and management to improve stockholder value. It also suggests adding senior personnel and new independent directors for value creation. Source

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