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CBL
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32 days

CBL Properties Reloads and Extends Its $25 Million Stock Repurchase Plan

1. CBL Properties authorized a $25 million stock repurchase program. 2. The program replaces an earlier one, reflecting confidence in stock value.

Shares Buyback
+2.28%Current Return
VS
-1.07%S&P 500
$30.7511/05 05:30 PM EDTEvent Start
$31.4511/07 12:01 AM EDTLatest Updated
2m saved
Insight

FAQ

Why Bullish?

Stock buybacks indicate management's confidence in the company's value. Historical examples, such as Apple's buybacks, typically drive share prices up.

How important is it?

The repurchase program can influence investor perception and price stability, particularly in the current market environment.

Why Short Term?

Immediate buyback announcements often lead to short-term share price increases. Investors may react positively in the coming weeks.

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SPGTCOMacerich
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--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 million of its common stock. The new stock repurchase program replaces the existing program authorized on May 1, 2025. Under the prior program, CBL had acquired 248,590 shares of CBL stock for $7.3 million. “Replenishing the program allows us to allocate additional capital to capture an attractive investment opportu.

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