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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LegalZoom com Inc | NASDAQ:LZ | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 0.61% | 8.26 | 7.84 | 8.67 | 8.305 | 8.175 | 8.21 | 992,850 | 05:00:01 |
“Today’s announcement reflects our balanced capital allocation strategy which is supported by our strong cash generation,” said Dan Wernikoff, Chief Executive Officer of LegalZoom. “Our solid financial position provides us the ability to balance investments in our growth strategies, including long-term product development, with shareholder returns.”
Repurchases pursuant to the Company’s stock repurchase program may be made from time to time, based on market conditions, legal requirements and other corporate considerations, through any manner, including open market transactions, accelerated stock repurchase agreements, or privately negotiated transactions with third parties, and in such amounts as management deems appropriate. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares of common stock. The stock repurchase program, which has no fixed expiration date, does not obligate the Company to acquire any particular amount of common stock and may be modified, suspended or terminated at any time at the discretion of the Company’s Board of Directors.
About LegalZoomLegalZoom is the leading online platform for business formation in the United States. Driven by a mission to unleash entrepreneurship, LegalZoom delivers comprehensive legal, tax and compliance products and expertise for small business owners through easy-to-use technology. From free business formations to business management solutions and professional advisory services, LegalZoom supports millions of small business owners and their families throughout the entrepreneurial journey. Founded on the belief that everyone should have affordable access to legal and financial expertise, LegalZoom empowers entrepreneurs to make their dream a reality. To learn more about LegalZoom, visit www.legalzoom.com.
Contact
investor@legalzoom.com
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