Reis, Inc. (REIS) Approves $1.5 Million Stock Buyback Plan

December 12, 2008 4:24 PM EST

Reis, Inc. (NASDAQ: REIS) has authorized a repurchase program of shares of its common stock up to an aggregate amount of $1,500,000. Purchases under the program may be made from time-to-time in the open market or through privately negotiated transactions.

Reis, Inc., formerly Wellsford Real Properties, Inc., is a provider of commercial real estate market information. The Company maintains a database containing detailed information on commercial properties in neighborhoods and metropolitan markets throughout the United States.[SM]


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