Foothill to Buy Back 625,000 Shares of Stock
Foothill Group Inc., a financial services concern with executive offices in Agoura Hills and Los Angeles, said its board of directors authorized the company to repurchase up to 625,000 shares of its common stock in open market transactions. It said the action was taken because of “existing securities market conditions” and the board’s belief that Foothill’s stock is undervalued.
Foothill specializes in commercial lending and money management. Its stock closed Friday at $13.25 a share.
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.
