Empire State Realty Trust (ESRT) Announces $500M Share Buyback

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Empire State Realty Trust Announces Stock Repurchase Authorization

December 22, 2023 4:15 PM EST

NEW YORK--(BUSINESS WIRE)-- Empire State Realty Trust, Inc. (NYSE: ESRT) (the Company), today announced that its Board of Directors has authorized the repurchase of up to $500 million of the Companys Class A common stock and Empire State Realty OP, L.P.s Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) for the period from January 1, 2024 through December 31, 2025. This will replace the existing $500 million repurchase authorization that runs from January 1, 2022 through December 31, 2023.

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