Workflow
CBL Properties Reloads and Extends Its $25 Million Stock Repurchase Plan
CBL & Associates PropertiesCBL & Associates Properties(US:CBL) Businesswire·2025-11-06 06:15

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors authorized a new stock repurchase program for the Company to buy up to 25millionofitscommonstock.ThenewstockrepurchaseprogramreplacestheexistingprogramauthorizedonMay1,2025.Underthepriorprogram,CBLhadacquired248,590sharesofCBLstockfor25 million of its common stock. The new stock repurchase program replaces the existing program authorized on May 1, 2025. Under the prior program, CBL had acquired 248,590 shares of CBL stock for 7.3 million. "Replenishing the program allows us to allocate additional capital to capture an attractive investment opportu. ...