Acres Commercial Realty reauthorizes additional $5 million share repurchase program
ACR•Acres Commercial Realty reauthorized use of its existing share repurchase program for an additional $5 million of common stock.
1. Repurchase authorization
The board reauthorized continued use of the existing program for an additional $5 million of common stock. Repurchases may be made through open-market purchases, privately negotiated transactions, block purchases or other permitted methods. Management will determine their timing and size based on market conditions and other factors.
