CTO Realty Growth (CTO) announced the approval by its Board of Directors of a new $10 million common stock repurchase program. Additionally, the Company concluded its previous $5 million common stock repurchase program under which approximately $4.3 million of the Company’s common stock was repurchased over the past 60 days. The new stock repurchase plan authorizes CTO to purchase up to $10 million of its common stock in open market transactions, including through block purchases, through privately negotiated transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, subject to market conditions and other factors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTO:
- CTO Realty Growth sells properties in Daytona Beach for $7.1M
- CTO Realty Accused of Misleading Investors in Lawsuit
- CTO Realty Growth Reports Q2 2025 Results
- Cto Realty Growth Highlights Strong Leasing and Strategic Progress in Earnings Call
- CTO Realty Growth price target lowered to $21 from $22 at JonesResearch