Ashford Hospitality Trust (AHT) Adds $75M to Buyback Program

September 8, 2008 9:42 AM EDT

On Friday, Ashford Hospitality Trust, Inc. (NYSE: AHT) announced that its Board has authorized an additional $75 million of the Company's common stock that may be purchased under its share repurchase program. The Company had recently completed substantially all of the repurchase of the $50 million previously allocated under its existing share repurchase program.

Ashford Hospitality Trust, Inc., a real estate investment trust (REIT), invests in the hospitality industry primarily in the United States.


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