Rexhall Seeks to Purchase 25,000 Shares of Own Stock

Rexhall Industries Inc., a Santa Clarita manufacturer of recreational vehicles, said it plans to purchase up to 25,000 shares of its stock in the public market, or about 1% of the company’s 2.53 million outstanding shares.

Mike White, chief financial officer, said, “We just feel the price of our stock is undervalued.” Rexhall’s stock has been trading at about $6.25 per share recently.