America First Multifamily Investors (ATAX) Announces Authorization of Unit Buyback Plan
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America First Multifamily Investors, L.P. Announces Unit Repurchase Program
August 24, 2016 4:15 PM EDTOMAHA, Neb., Aug. 24, 2016 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (ATAX or the Partnership), announced today that the Board of Managers (the Board) of Burlington Capital LLC, which is the general partner of the Partnerships general partner, authorized a program for the repurchase of up to 272,307 of the Partnerships outstanding beneficial unit certificates representing assigned limited partnership interests (BUCs).
This unit repurchase program reflects the Boards and managements commitment to increasing unitholder value, said Chad L. Daffer, Chief Executive Officer of ATAX. Given our strong balance sheet, we... More
