other material
confidence high
sentiment positive
materiality 0.75
UDR expands share repurchase program by 25M shares (~$1B at current prices)
UDR, Inc.
- Board authorized additional 25M shares repurchase, increasing total authorization to ~30M shares.
- Remaining 4.6M shares from 2008 program unchanged; new program effective immediately.
- Repurchases may occur via open-market, block, or private transactions; no expiration date.
- At current prices, the authorization represents over $1 billion in repurchase capacity.