ACRES Commercial Realty Corp. Reauthorizes an Additional $7.5 Million Share Repurchase Program
ACRES Commercial Realty Corp (NYSE:ACR) announced that its board authorized an additional $7.5 million under its existing share repurchase program to buy outstanding common and preferred stock.
The company said repurchases may occur via open-market purchases, privately-negotiated transactions, block purchases or other permitted methods under Rule 10b-18 and 10b5-1 of the Exchange Act. The company also said it cannot predict whether or when any shares will be repurchased; timing and amounts will be determined by management based on market conditions and other factors.
ACRES Commercial Realty Corp (NYSE:ACR) ha annunciato che il suo consiglio di amministrazione ha autorizzato ulteriori 7,5 milioni di dollari nell'ambito del programma esistente di riacquisto azionario per riacquistare azioni ordinarie e azioni privilegiate in circolazione.
La società ha dichiarato che gli riacquisti possono avvenire tramite acquisti sul mercato aperto, transazioni private negoziate, acquisti in blocco o altri metodi consentiti dall'Rule 10b-18 e dal 10b5-1 del Securities Exchange Act. La società ha inoltre dichiarato che non può prevedere se e quando verranno riacquistate azioni; i tempi e gli importi saranno determinati dal management in base alle condizioni di mercato e ad altri fattori.
ACRES Commercial Realty Corp (NYSE:ACR) anunció que su junta directiva autorizó un adicional de 7,5 millones de dólares dentro de su actual programa de recompra de acciones para adquirir acciones ordinarias y acciones preferentes en circulación.
La compañía dijo que las recompras pueden realizarse mediante compras en el mercado abierto, transacciones negociadas en privado, compras en bloque u otros métodos permitidos bajo la Regla 10b-18 y la 10b5-1 de la Ley de Intercambio. La empresa también señaló que no puede predecir si o cuándo se recomprarán acciones; el calendario y las cantidades serán determinados por la dirección en función de las condiciones de mercado y otros factores.
ACRES Commercial Realty Corp (NYSE:ACR)은 이사회가 기존의 자사주 매입 프로그램 아래에서 추가로 750만 달러를 승인했다고 발표했습니다. 이는 유통중인 보통주와 우선주를 매입하기 위한 것입니다.
회사는 매입이 공개시장 매입, 비공개 협상 거래, 대량 매입 또는 거래소법의 Rule 10b-18 및 10b5-1에 따라 허용되는 기타 방법으로 수행될 수 있다고 밝혔습니다. 또한 회사는 매입될 주식의 여부나 시점을 예측할 수 없다고 하며, 시점과 금액은 시장 상황 및 기타 요인에 따라 경영진이 결정할 것이라고 덧붙였습니다.
ACRES Commercial Realty Corp (NYSE:ACR) a annoncé que son conseil d'administration a autorisé un complément de 7,5 millions de dollars dans le cadre de son programme de rachat d'actions existant pour acheter les actions ordinaires et les actions privilégiées en circulation.
La société a indiqué que les rachats pourraient avoir lieu par des achats sur le marché libre, des transactions négociées privés, des achats en bloc ou d'autres méthodes autorisées par la Rule 10b-18 et le 10b5-1 de la Exchange Act. La société a également déclaré qu'elle ne peut pas prédire si et quand des actions seront rachetées; le calendrier et les montants seront déterminés par la direction en fonction des conditions du marché et d'autres facteurs.
ACRES Commercial Realty Corp (NYSE:ACR) gab bekannt, dass der Vorstand zusätzliche 7,5 Mio. USD im Rahmen des bestehenden Aktienrückkaufprogramms genehmigt hat, um ausstehende Stamm- und Vorzugsaktien zu kaufen.
Das Unternehmen sagte, Rückkäufe könnten über Öffentlicher Marktkäufe, privat verhandelte Transaktionen, Blockkäufe oder andere zulässige Methoden gemäß Rule 10b-18 und 10b5-1 des Exchange Act erfolgen. Das Unternehmen erklärte außerdem, dass es nicht vorhersagen kann, ob oder wann Aktien zurückgekauft werden; Zeitplan und Beträge würden vom Management basierend auf Marktbedingungen und anderen Faktoren festgelegt.
ACRES Commercial Realty Corp (NYSE:ACR) أعلن مجلس إدارتها أنه قد وافق على إضافة 7.5 مليون دولار ضمن برنامج إعادة شراء الأسهم القائم لشراء الأسهم العادية والممتازة المتداولة.
وقالت الشركة إن عمليات الشراء قد تتم عبر عمليات شراء في السوق المفتوح، أو صفقات خاصة-تم التفاوض عليها، أو عمليات شراء كبيرة، أو وسائل أخرى مسموح بها بموجب القاعدة 10b-18 و10b5-1 من قانون البورصة. كما ذكرت الشركة أنها لا يمكنها التنبؤ بما إذا كانت ستتم إعادة شراء أي أسهم ومتى؛ وسيحدد الإدارة التوقيت والمبالغ بناءً على ظروف السوق وعوامل أخرى.
ACRES Commercial Realty Corp (NYSE:ACR) 宣布其董事会已授权在现有回购计划下进一步增加750万美元用于回购在外流通的普通股和优先股。
公司表示，回购可能通过公开市场购买、私下协商交易、大宗交易或其他在证券法第10b-18条和10b5-1条款下允许的方法进行。公司还表示，无法预测是否以及何时会回购任何股票；时间和金额将由管理层基于市场条件及其他因素来决定。
- $7.5 million additional share repurchase authorization
- Authorization covers both common and preferred stock
- Permitted methods include open-market, negotiated, and block purchases
- Company did not commit to repurchase shares; timing and amounts uncertain
The Company cannot predict when or if it will repurchase any shares of common and preferred stock and the timing and amount of any shares repurchased will be determined by the Company's management based on its evaluation of market conditions and other factors.
About ACRES Commercial Realty Corp.
ACRES Commercial Realty Corp. is a real estate investment trust that is primarily focused on originating, holding and managing commercial real estate mortgage loans and may hold equity investments in commercial real estate properties through direct ownership and joint ventures. The Company is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp., a private commercial real estate lender exclusively dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, industrial and office property in top
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "trend," "will," "continue," "expect," "intend," "anticipate," "estimate," "believe," "look forward" or other similar words or terms. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. Factors that can affect future results are discussed in the documents filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement to reflect new or changing information or events after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/acres-commercial-realty-corp-reauthorizes-an-additional-7-5-million-share-repurchase-program-302598851.html
SOURCE ACRES Commercial Realty Corp.
FAQ
What did ACRES Commercial Realty Corp (ACR) announce on October 29, 2025 about share repurchases?
How will ACR execute the $7.5 million repurchase authorization?
Does ACRES (ACR) guarantee it will buy back shares under the newly authorized $7.5 million?
Does the $7.5 million authorization apply to preferred shares for ACR (NYSE:ACR)?
Will ACR use a 10b5-1 plan to execute the repurchases announced October 29, 2025?
How should investors interpret ACR’s additional $7.5M buyback authorization?
