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home / news releases / CMCT - Creative Media & Community Trust announces $10M share repurchase program

CMCT - Creative Media & Community Trust announces $10M share repurchase program

Creative Media & Community Trust Corporation
Creative Media & Community Trust (NASDAQ:CMCT) authorized a repurchase program of up to $10M of the company’s common stock. The repurchase program has no termination date and may be suspended or discontinued at any time. “We also believe there is an opportunity to create additional value for shareholders by opportunistically repurchasing shares that are trading at a significant discount to intrinsic value. Since going public in 2014, CMCT has been one of the most active U.S. listed REITs in returning capital to shareholders through share repurchases, a tender offer and special and regular dividends.”  said David Thompson, CEO of CMCT

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Creative Media & Community Trust announces $10M share repurchase program
Stock Information
Company Name: Creative Media & Community Trust Corporation
Stock Symbol: CMCT
Market: NASDAQ
Website: creativemediacommunity.com
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