PRA Group Celebrates 30th Anniversary with Nasdaq Opening Bell Ceremony
PRA Group, Inc. (Nasdaq: PRAA), a global leader in non-performing loan (NPL) purchasing and recovery, marked its 30th anniversary by ringing the opening bell at the Nasdaq in Times Square. Founded in 1996 in Norfolk, Virginia, the company has evolved from a local startup into an international entity with portfolio management operations spanning 18 countries. The company is currently focused on executing its 'PRA 3.0' strategy, which aims to transform the firm into a high-performance, technology-driven global capital allocator. CEO Martin Sjolund emphasized that this new strategic chapter is designed to drive long-term value for clients, employees, and shareholders alike.