Presidio Property Trust announced that its Board of Directors has approved a share repurchase plan authorizing the Company to repurchase up to $6 million of its outstanding shares of Series A Common Stock and up to $4 million of its outstanding shares of Series D Preferred Stock. Under the share repurchase program, the shares may be repurchased from time to time using a variety of methods, which may include open market transactions, privately negotiated transactions or otherwise, all in accordance with the rules of the Securities and Exchange Commission and other applicable legal requirements.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SQFT:
- Presidio Property Trust Announces Update of Share Repurchase Program
- Presidio Property Trust, Inc. Announces Earnings for the Quarter Ended September 30, 2023
- Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
- Presidio Property Trust Announces Closing of Merger of Its Sponsored SPAC Murphy Canyon Acquisition Corp Now Trading as Conduit Pharmaceuticals (Nasdaq: CDT and CDTTW)
- Presidio announces closing of merger, commencement of trading of Conduit