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%.
Copyright © 2015 MarketWatch, Inc.
Continue Reading Below