Empire State Realty Trust (ESRT) Announces $500M Share Buyback
Get Alerts ESRT Hot Sheet
Price: $4.16 +0.73%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
Revenue Growth %: -3.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
Revenue Growth %: -3.3%
Join SI Premium – FREE
Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that its Board of Directors has authorized the repurchase of up to $500 million of the Company’s 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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lear boosts share buyback authorization to $1.5 billion through 2029
- VEON launches $200 million share buyback program for 3.9% of shares
- 22nd Century Group urges FDA to finalize nicotine reduction rule
Create E-mail Alert Related Categories
Corporate News, Stock BuybacksRelated Entities
Twitter, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share