other material
confidence high
sentiment positive
materiality 0.55
RLJ Lodging Trust authorizes $250M share repurchase program through May 2023
RLJ Lodging Trust
- Board authorized up to $250M in repurchases of common shares and/or Series A convertible preferred shares.
- Program effective May 9, 2022 through May 8, 2023.
- Repurchases may be made via open market or privately negotiated transactions.
- Company may suspend or commence repurchases without prior notice depending on market conditions.