Cousins Properties To Buy Back Up To $100 Million Of Its Shares

By Ciara LinnaneMarketWatch Pulse

Cousins Properties Inc. said Tuesday its board has approved a share buyback of up to $100 million of its shares over the next two years. The program will be funded using the proceeds from non-core asset sales. Shares of the real estate investment trust were down 1.2% in premarket trade, and have lost 22% in the year so far, while the S&P 500 has lost 6.7%.

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