BuybackApr 22, 2026, 04:21 PM
Highwoods Properties Authorizes $250M Stock Buyback
AI Summary
Highwoods Properties, Inc. announced a new stock repurchase program, authorizing the buyback of up to $250 million of its outstanding common stock. The company anticipates funding these repurchases on a leverage-neutral basis, using net proceeds from the sale of non-core assets. The program does not have an expiration date and allows for repurchases in the open market or privately negotiated transactions.
Key Highlights
- Board authorized up to $250 million stock repurchase program.
- Funding from net proceeds of non-core asset sales.
- Program has no expiration date.