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Cedar Realty Trust Announces Final Results of Series C Tender Offer

1. Cedar Realty Trust bought back 584,615 shares of Series C stock. 2. The purchase price was $16.25 per share, affecting liquidity.

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FAQ

Why Bullish?

The company's ability to buy back shares demonstrates financial strength and shareholder confidence. Similar past buybacks in REITs have led to positive stock price movements due to improved metrics.

How important is it?

The buyback reflects positively on company performance and can suggest future dividend stability or growth, increasing investor interest and confidence.

Why Short Term?

The buyback is likely to impact stock perception quickly as it signifies strong cash flow and commitment to shareholder value. Historically, such actions often yield immediate market reactions.

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CDRpBCDRpC
VIRGINIA BEACH, VA / ACCESS Newswire / March 26, 2025 / Cedar Realty Trust, Inc. (NYSE:CDRpB)(NYSE:CDRpC) (the "Company") announced today the final results of its offer to purchase up to 584,615 shares of its 6.50% Series C Cumulative Redeemable Preferred Stock (the "Series C Shares") for a purchase price of $16.25 per share, in cash, which expired at 5:00 p.m., New York City time, on March 21, 2025.

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