ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program
Key Highlights
- ➤ACRES Commercial Realty (ACR) reauthorizes an additional $5.0 million share repurchase program
- ➤Repurchases may occur through open-market, private, block or other permitted transactions
- ➤Management will determine repurchase timing and amount based on market conditions
ACRES Commercial Realty Corp. Reauthorizes an Additional $5 Million Share Repurchase Program PR Newswire
UNIONDALE, N.Y., Sept. 29, 2026 /PRNewswire/ -- ACRES Commercial Realty Corp. (NYSE:ACR) (the "Company") announced today that its board of directors (the "Board") authorized and approved the continued use of its existing share repurchase program to repurchase an additional $5.0 million of the outstanding shares of its common stock. Under the share repurchase program, the Company intends to repurchase shares through open market purchases, privately-negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934 (the "Exchange Act").
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