View this article online: https://www.insurancejournal.com/news/west/2000/08/31/12121.htm
Santa Monica, Calif.-based Fremont General Corp. has announced its plans to repurchase 3.5 million shares of company stock. The repurchase is designed to fund the company’s benefits trust plans. Currently 36.4 percent of the outstanding common shares are held by the company’s employees and directors.