TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CBL & Associates Properties ( (CBL) ) has issued an announcement.
CBL & Associates Properties, Inc. has strategically bolstered shareholder value by completing the repurchase of 500,000 shares in a block trade and concluding its authorized stock buyback program, with a total of 1,074,826 shares acquired at an average price of $23.259 each. This move, reflecting the company’s confidence in its future prospects, has resulted in 30,749,272 shares of common stock remaining, underscoring CBL’s commitment to enhancing value for its investors.
For detailed information about CBL stock, go to TipRanks’ Stock Analysis page.