Electro Rent Buyback of 500,000 Shares OKd
- Share via
Electro Rent Corp. said its board authorized the Van Nuys-based company to repurchase up to 500,000 of its common shares in periodic purchases in the open market or through negotiated sales.
Electro Rent, which currently has 4.2 million shares outstanding, rents telecommunications test equipment and computers to other businesses.
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.
