other_material
confidence high
sentiment neutral
materiality 0.40
Cedar Realty Trust authorizes up to $20M preferred stock repurchase program over 24 months
CEDAR REALTY TRUST, INC.
- New $20M repurchase program for Series B and C preferred stock replaces expired $10M program from August 2024.
- Repurchase program runs for 24 months from authorization date of August 8, 2025.
- Repurchases may occur in open market, private transactions, or block trades; no obligation to buy any shares.
- Board re-elected all six directors by written consent of sole common stockholder Wheeler REIT.
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