NorthStar Asset Management (NSAM) Approves $400M Buyback

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NorthStar Asset Management Group Announces $400 Million Stock Repurchase Program

April 20, 2015 8:00 AM EDT

NEW YORK, April 20, 2015 /PRNewswire/ -- NorthStar Asset Management Group Inc. (NYSE: NSAM) today announced that its Board of Directors has authorized the repurchase of up to $400 million of its outstanding common stock.

The repurchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The authorization will expire in 12 months, unless otherwise extended by NSAM's Board of Directors.  The repurchase program will be utilized at management's discretion and in accordance with the requirements of the Securities and Exchange... More