other material
confidence high
sentiment neutral
materiality 0.50
Empire State Realty Trust authorizes $500M share repurchase program for 2026-2027
Empire State Realty Trust, Inc.
- Board authorized up to $500M in repurchases of Class A common stock and OP units from Jan 1, 2026 to Dec 31, 2027.
- Program replaces existing $500M authorization that expires Dec 31, 2025.
- Repurchases may be executed via open market or privately negotiated transactions.
- Timing and amount depend on market conditions; Board may suspend, terminate, or modify program at any time.