LegalZoom Announces Increase to its Existing Share Repurchase Authorization
LZLegalZoom.com(LZ) Newsfilter·2024-05-22 21:00

MOUNTAIN 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 75milliontotheCompanysexistingstockrepurchaseprogram,bringingtheaggregateamountauthorizedto75 million to the Company’s 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 approxima ...