CBL Properties Authorizes $25.0 Million Stock Repurchase Plan
Business Wire•04/11/2026•16:15 ET
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Key Highlights
- ➤CBL authorizes $25.0 million common-stock repurchase program
- ➤Repurchases may continue through December 31, 2027
- ➤CBL reports over $366.0 million cash and no major debt maturities until 2028
Expert Statements
Stephen D. Lebovitz, Chief Executive Officer of CBL Properties
“We believe our shares are undervalued relative to the quality of our portfolio and the cash flow it produces, making this new $25.0 million repurchase program an attractive capital allocation opportunity.”
Stephen D. Lebovitz, Chief Executive Officer of CBL Properties
“Our focus remains on deploying capital to maximize long-term shareholder value. With a stronger balance sheet, no major debt maturities until 2028, and a cash balance of over $366.0 million, we are well positioned to buy back shares while exploring additional opportunities to create value for shareholders.”
CBL Properties Authorizes $25.0 Million Stock Repurchase Plan
CBL Properties (NYSE:CBL) today announced that its Board of Directors authorized a new stock repurchase program for the Company to buy up to $25.0 million of its common stock.
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