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American Realty Capital Properties Inc Affirms Up To $250 Million Share Repurchase Program


Wednesday, 21 Aug 2013 06:15am EDT 

American Realty Capital Properties, Inc. announced that it has affirmed its intention to repurchase up to $250 million of ARCP's outstanding common stock pursuant to its previously announced share repurchase program. Though ARCP has not executed repurchases under the share repurchase program since its original announcement on March 1, 2013 to date, it is renewing its intention to make periodic repurchases under the share repurchase program. The share repurchase program was originally authorized by ARCP's board of directors in February 2013 and reauthorized August 20. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice. 

Company Quote

12.935
-0.145 -1.11%
22 Jul 2014