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The latest announcement is out from Star Holdings ( (STHO) ).
On March 28, 2025, Star Holdings announced amendments to several financial agreements, including a term loan credit agreement with Safehold, a management agreement with Safehold Management Services, and a margin loan facility with Morgan Stanley. These amendments extend loan maturities, increase management fees and termination fees, and allow for additional funding and share repurchases. The company’s board authorized a $10 million share repurchase program, reflecting a strategic move to enhance shareholder value. These changes are expected to impact the company’s financial flexibility and market positioning positively.
More about Star Holdings
Star Holdings (NASDAQ: STHO) primarily engages in real estate investments, including interests in the Asbury Park Waterfront and Magnolia Green residential development projects, as well as other commercial real estate properties and loans intended for sale or monetization. The company also holds shares in Safehold Inc. and focuses on maximizing shareholder value through active asset management and asset sales.
YTD Price Performance: -15.67%
Average Trading Volume: 76,317
Technical Sentiment Signal: Buy
Current Market Cap: $106.8M
For detailed information about STHO stock, go to TipRanks’ Stock Analysis page.