BrightSpire Capital, Inc. (BRSP) Announces $100M Share Buyback

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BrightSpire Capital, Inc. Announces $100 Million Common Stock Repurchase Plan

May 9, 2022 4:05 PM EDT

NEW YORK--(BUSINESS WIRE)-- BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced that the Companys Board of Directors have authorized a stock repurchase program, under which the Company may repurchase up to $100 million of its outstanding Class A common stock until April 30, 2023 (the Stock Repurchase Program). Under the Stock Repurchase Program, the Company may repurchase shares in open market purchases, in privately negotiated transactions or otherwise. The Stock Repurchase Program will be utilized at management's discretion and in accordance with the requirements of the Securities and Exchange Commission. The timing... More