Unico American Repurchases 130,270 Shares

WOODLAND HILLS, Calif. (AP) ¿ Unico American Corp., which provides property and casualty insurance, said Wednesday that it repurchased 130,270 shares of its common stock in a single private deal at a cost of about $1.2 million.

The company previously approved the repurchase of up to 1.4 million shares of common stock beginning in 2000. About 374,903 shares now remain under the authorizations.

Unico shares fell 11 cents to close at $9.29.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Musk's The Boring Company Just Got a Bit Less Boring

Musk's The Boring Company Just Got a Bit Less Boring

Tyson Foods CEO: We Aren't Done Making Deals

Tyson Foods CEO: We Aren't Done Making Deals

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries

Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success

Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success

Amazon, Nvidia, Micron and 10 Other Stocks to Own in June

Amazon, Nvidia, Micron and 10 Other Stocks to Own in June