On Or About Oct 6, One Liberty Properties Board Approved Share Repurchase Plan Authorizing Co To Repurchase Up To $10M Of Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
One Liberty Properties' board has approved a share repurchase plan authorizing the company to repurchase up to $10M of shares of common stock, according to an SEC filing.
October 06, 2023 | 8:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
One Liberty Properties' share repurchase plan could potentially increase the stock's value in the short term.
Share repurchase plans often lead to an increase in the stock's value as they reduce the number of shares in circulation, thereby increasing earnings per share. This could potentially lead to a short-term increase in One Liberty Properties' stock value.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100