LifeLock Announces $100 Million Share Repurchase Program

TEMPE, Ariz.--(BUSINESS WIRE)--LifeLock, Inc. (NYSE: LOCK), an industry leader in identity theft protection, today announced that its Board of Directors has approved the repurchase of up to $100 million of the company’s common stock, representing approximately 7% of the company’s outstanding common shares based on current trading prices. The repurchase program has no expiration date but is intended to be completed by year end 2016.