Citizens Granted Regulatory Approval To Purchase Class B Shares Giving Control Back To The Company
Citizens Granted Regulatory Approval To Purchase Class B Shares Giving Control Back To The Company News provided by Share this article Share this article AUSTIN, Texas, April 16, 2021 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced that on April 12, 2021, final regulatory approval was granted, enabling the Harold E. Riley Foundation (the "Foundation") to transfer all of the Class B common stock back to Citizens, Inc. As previously disclosed, on February 5, 2021, Citizens, Inc. entered into a Purchase and Sale Agreement with the Foundation to purchase 100% of the Company's Class B ...
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