Equity Commonwealth announces $150M share repurchase authorization

Equity Commonwealth announced that its Board of Trustees authorized the repurchase, from July 1, 2023 through June 30, 2024, of up to an additional $150M of its outstanding common shares under the company’s existing share repurchase program. The company still has $120M remaining under its prior authorization that expires on June 30, 2023. Year-to-date through June 13, 2023 the company has not repurchased any shares.