Arbor Realty Trust Announces $50 Million Share Repurchase Program
UNIONDALE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE:ABR), today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $50 million of its outstanding common stock. At management’s discretion, the shares may be acquired from time to time in the open market, through privately negotiated transactions or otherwise in compliance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934. The Board of Directors also authorized the Company to establish Rule 10b5-1 trading plans that permit the Company to repurchase its outstanding shares at times when it might otherwise be prevented from doing so.
Related news for (ABR)
- Sabre’s second quarter 2025 earnings materials available on its Investor Relations website
- Sabre announces upcoming webcast of its second quarter 2025 earnings conference call
- Sabre announces closing of sale of Hospitality Solutions business to TPG
- Sabre Corporation Announces Early Tender Results of Previously Announced Cash Tender Offers by Sabre GLBL Inc.
- Arbor Realty Trust Closes Landmark $802 Million Collateralized Loan Obligation Securitization