Zenith Plans to Buy Back Million Shares of Stock
Zenith National Insurance reported that its directors authorized the company to buy back a million shares of its common stock on the open market.
Zenith, an Encino-based company specializing in workers’ compensation insurance, plans to use the stock that is bought for employee stock options. Zenith now has 21 million shares outstanding.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
