ACRES Commercial Realty Corp. (ACR)announced that its board of directors authorized and approved the continued use of its existing share repurchase program to repurchase an additional $10M of the outstanding shares of both its common and preferred stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACR:
- ACR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Acres Commercial Realty Faces Potential Tax Challenges with $121.9 Million Capital Loss Deadline
- ACRES Commercial Realty Reports Strong Q4 2024 Earnings
- ACRES Commercial Realty Corp. Earnings Call Highlights
- Buy Rating for ACRES Commercial Realty: Promising Financial Performance and Strategic Value Enhancement