CBL & Associates Completes Share Buyback, Enhances Investor Value

CBL & Associates Properties ( (CBL) ) has issued an announcement.

CBL & Associates Properties, Inc. has strategically bolstered shareholder value by completing the repurchase of 500,000 shares in a block trade and concluding its authorized stock buyback program, with a total of 1,074,826 shares acquired at an average price of $23.259 each. This move, reflecting the company’s confidence in its future prospects, has resulted in 30,749,272 shares of common stock remaining, underscoring CBL’s commitment to enhancing value for its investors.

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