ACRES Commercial Realty (ACR) Announces Additional $5M Share Buyback
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ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program
December 19, 2024 4:16 PM ESTUNIONDALE, N.Y., Dec. 19, 2024 /PRNewswire/ --Â ACRES Commercial Realty Corp. (NYSE: ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued use of its existing share repurchase program to repurchase an additional $5 million of the outstanding shares of both its common and preferred stock. Under the share repurchase program, the Company intends to repurchase shares through open market purchases, privately-negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule... More
