other material
confidence high
sentiment positive
materiality 0.55
LegalZoom increases stock repurchase authorization by $75M to $175M
LEGALZOOM.COM, INC.
- Board approved $75M increase in repurchase program, total authorization now $175M.
- As of May 21, 2024, ~$59M repurchased, leaving ~$116M available under expanded program.
- Repurchases may be made through open market, accelerated share repurchase, or private transactions.
- Program has no fixed expiration and can be modified, suspended, or terminated at any time.