Postal Realty Trust board approves up to $25M stock buyback

Postal Realty Trust (PSTL) announced that its Board of Directors approved a common stock repurchase program. Under the Program, the Company may acquire shares of the Company’s Class A Common Stock, $0.01 par value per share, in the open market, from time to time, in block trades, or otherwise, for a total purchase price of up to $25,000,000 all in accordance with U.S. securities laws and regulations, including Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended. The Program does not require the Company to repurchase any dollar amount or number of shares of Class A Common Stock and may be suspended or discontinued at any time.