BRT Realty Trust (BRT) Authorizes $2M Common Buyback

BRT Realty Trust (NYSE: BRT), has approved a $2 million share repurchase program. This program is intended to be implemented through purchases made from time to time in either the open market or through private transactions; the program is authorized through September 2013. As of September 19, 2011, BRT had approximately 14.1 million shares outstanding.

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