UMH Properties boosts stock buyback authorization from $25M to $100M

UMH PROPERTIES, INC.

Board increased share repurchase program capacity from $25M to $100M of common stock.
Since 2009, UMH repurchased ~194,000 shares at avg $10.64 for total $2.1M; no repurchases since 2020.
Program is discretionary; management will determine timing based on market and other conditions.
Common stock ATM program remains in place but no current issuances; Preferred Stock ATM program also active.

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