Wednesday, Pre-Paid Legal Services Inc. (PPD) said its Board authorized an additional repurchase of 1 million shares, as it has purchased virtually all of our previously announced stock repurchase authorizations totaling 15 million shares. We will make purchases at prices we consider attractive. The company has not set a time limit for completion of the additional share repurchases.
During the fourth quarter through November 30, 2009, the company returned $28.8 million to shareholders through the repurchase of 722,022 shares of common stock, at an average per share price of $39.89. Since April 1999, we have returned $450.8 million to shareholders through the purchase of 14.9 million shares, average price of $30.21 per share, and $17.1 million in dividends for a combined total of $467.9 million representing more than 100% of our net earnings during the same timeframe.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.