LegalZoom (LZ) Announces Increase to its Existing Share Repurchase Authorization
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LegalZoom Announces Increase to its Existing Share Repurchase Authorization
May 22, 2024 9:00 AM EDTMOUNTAIN VIEW, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that its Board of Directors has authorized an increase of $75 million to the Companys existing stock repurchase program, bringing the aggregate amount authorized to $175 million. As of May 21, 2024, the Company has repurchased approximately 5.9 million shares of its common stock under the program at an average price of $10.10 per share for approximately $59 million, leaving approximately $116 million available under the repurchase... More
