Ownership concentration data not yet documented for this firm.
Source: Large-cap, widely held
Vote outcome — reincorporation proposal
Approval standard: majority of all shares outstanding (DGCL §266 conversion). Meeting type: annual.
Vote totals not yet pulled. Awaiting EDGAR Item 5.07.
Visual evidence — event study around the announcement
Per-firm event-study figures auto-built from event_study_announcement_json in the master database. Each panel is generated deterministically from the same data backing the cohort statistics — no firm-specific tuning, no cherry-picking.
FirstCash's stock fell the day the move was announced
Bottom line. FirstCash fell by 1.5% on announcement day. Across four different benchmarks for what "normal" should have looked like, the move was statistically indistinguishable from a normal trading day (p = 0.38).
This chart shows four different statistical lenses on what FirstCash's stock did on the day the reincorporation was announced. Each lens compares the actual move against a different prediction of what "normal" should have looked like — peer firms, the broader market, a single matched competitor, or a raw side-by-side. The gold-edged bar marks the lens used in the cohort summary.
Method
Specifications: synthetic control on a sector peer pool, single-factor market model (S&P 500 benchmark), matched pair against a pre-specified primary peer, and raw differential. Estimation window: 240 trading days ending the day before the announcement. Standard errors via Patell-z (1976).
FirstCash sits within the typical cohort spread
Bottom line. FirstCash's announcement-day reading is within the inter-quartile range of the 36-firm cohort. Cohort-wide mean is +0.69%; the dispersion is wide and firm-specific.
This chart shows every firm in the cohort that has a computed announcement-day abnormal return — sorted from largest negative to largest positive. FirstCash is highlighted in gold. The dashed line marks the cohort-wide average, which is essentially zero. Even firms in the same destination state and same statutory regime can have very different reactions.
Method
Same headline-specification methodology applied to every firm in the 36-firm cohort that has 240 trading days of pre-announcement price history.
Data integrity. All figures generated by the same script (perfirm_gallery.py) on every release; SHA-256 verified at deploy time. See also:Cohort-wide event study →.
No long-run / pooled estimates available for this firm yet — run phase5z_compute_longrun.py on Windows to populate (requires effective date ≥ 3 months ago).
Cohort-level robustness battery
Heckman selection-corrected ATE · Romano-Wolf step-down + BH FDR · pooled BHAR. This firm's reading is shown in context of the full cohort.
This firm: raw p = 0.379, Romano-Wolf adjusted p = 1.000, BH-FDR adjusted p = 0.966. Multiple-hypothesis correction is computed across the full cohort to control family-wise error rate at alpha = 0.05.
Pooled cohort BHAR (mover firms only)
BHAR_63d: mean = -5.60% (SE = 22.11%, n = 3, p = 0.499) · BHAR_126d: mean = +17.33% (SE = 41.17%, n = 3, p = 0.774)
The Texas opt-in statutory regimes (TBOC §21.552 / SB 29 derivative threshold; TBOC §21.373 / SB 1057 shareholder-proposal threshold) are available only to firms that are nationally listed Texas corporations. FirstCash Holdings, Inc. is not yet Texas-incorporated; the move is pending shareholder vote with a proposed effective date of TBD. These adoptions can be elected only on or after the firm's TX effective date.
Source filings
Primary-source documents on SEC EDGAR plus IR / search links.
No source filings linked for this firm.
Classification & audit trail
Bucket
D
Panel eligibility
PANEL_E_DE_baseline
Audit status
EDGAR_LOOKUP_NEEDED
Source confidence
—
Transaction status
COMPLETED
Audit notes
Effective date present but no Accession URL in v6 rev78; retrieve from EDGAR. [2026-04-29] v3.83: ENABLED — flag 0→1. Annual meeting June 9, 2026; 43,836,687 common shares outstanding (record date Apr 13, 2026); ~$9B mcap. DGCL §266 conversion. DEF 14A filed April 28, 2026.
Related firms
Use these for cross-firm sanity checks — peers in size, sector, or destination.
