Bluerock Homes Trust (BHM) Announces Share Repurchase Plan
Bluerock Homes Trust (BHM) has announced a new share repurchase program authorized by its Board of Directors. The plan allows for the repurchase of up to $5.0 million of its outstanding Class A common stock over a one-year period.
The repurchases will be conducted through open market transactions in compliance with Rule 10b-18 and Rule 10b-5 of the Securities Exchange Act of 1934. The timing and extent of repurchases will depend on various factors, including market conditions, price limitations, and other corporate considerations. The company maintains the right to discontinue the program at any time.
Bluerock Homes Trust (BHM) ha annunciato un nuovo programma di riacquisto di azioni autorizzato dal suo Consiglio di Amministrazione. Il piano consente il riacquisto di fino a 5,0 milioni di dollari delle sue azioni ordinarie di Classe A in un periodo di un anno.
I riacquisti saranno effettuati tramite transazioni sul mercato aperto in conformità con Regola 10b-18 e Regola 10b-5 del Securities Exchange Act del 1934. Il momento e l'entità dei riacquisti dipenderanno da vari fattori, tra cui le condizioni di mercato, le limitazioni di prezzo e altre considerazioni aziendali. L'azienda si riserva il diritto di interrompere il programma in qualsiasi momento.
Bluerock Homes Trust (BHM) ha anunciado un nuevo programa de recompra de acciones autorizado por su Junta Directiva. El plan permite la recompra de hasta 5,0 millones de dólares de sus acciones ordinarias Clase A durante un período de un año.
Las recompras se llevarán a cabo a través de transacciones en el mercado abierto, cumpliendo con Regla 10b-18 y Regla 10b-5 de la Ley de Valores de 1934. El momento y la extensión de las recompras dependerán de varios factores, incluidas las condiciones del mercado, las limitaciones de precio y otras consideraciones corporativas. La empresa se reserva el derecho de interrumpir el programa en cualquier momento.
블루락 홈스 트러스트 (BHM)는 이사회에서 승인한 새로운 자사주 매입 프로그램을 발표했습니다. 이 계획은 1년 동안 최대 500만 달러의 클래스 A 보통주를 매입할 수 있도록 허용합니다.
매입은 1934년 증권 거래법의 규칙 10b-18 및 규칙 10b-5에 따라 공개 시장 거래를 통해 진행됩니다. 매입의 시기와 범위는 시장 상황, 가격 제한 및 기타 기업적 고려 사항을 포함한 여러 요인에 따라 달라질 것입니다. 회사는 언제든지 프로그램을 중단할 권리를 보유합니다.
Bluerock Homes Trust (BHM) a annoncé un nouveau programme de rachat d'actions autorisé par son Conseil d'Administration. Le plan permet le rachat de jusqu'à 5,0 millions de dollars de ses actions ordinaires de Classe A sur une période d'un an.
Les rachats seront effectués par le biais de transactions sur le marché ouvert, conformément à la Règle 10b-18 et à la Règle 10b-5 de la Loi sur les valeurs mobilières de 1934. Le moment et l'étendue des rachats dépendront de divers facteurs, y compris les conditions du marché, les limitations de prix et d'autres considérations d'entreprise. L'entreprise se réserve le droit d'interrompre le programme à tout moment.
Bluerock Homes Trust (BHM) hat ein neues Aktienrückkaufprogramm angekündigt, das von seinem Vorstand genehmigt wurde. Der Plan erlaubt den Rückkauf von bis zu 5,0 Millionen Dollar seiner ausstehenden Stammaktien der Klasse A über einen Zeitraum von einem Jahr.
Die Rückkäufe werden durch Transaktionen auf dem offenen Markt in Übereinstimmung mit Regel 10b-18 und Regel 10b-5 des Securities Exchange Act von 1934 durchgeführt. Der Zeitpunkt und das Ausmaß der Rückkäufe hängen von verschiedenen Faktoren ab, einschließlich der Marktbedingungen, Preisgrenzen und anderen unternehmerischen Überlegungen. Das Unternehmen behält sich das Recht vor, das Programm jederzeit einzustellen.
- Authorization of $5.0M share repurchase program
- Potential enhancement of shareholder value through stock buyback
- Flexibility in program execution based on market conditions
- Relatively small buyback size may limit market impact
- Program reduces cash available for operations or growth
The repurchase plan has a term of one year and may be discontinued at any time. The extent to which the Company repurchases shares of its Class A Common Stock under the repurchase plan, and the timing of any such repurchases, will depend on a variety of factors including general business and market conditions and other corporate considerations. The Company expects that any repurchases of its Class A Common Stock will be through open market transactions, subject to market conditions, certain price limitations and other conditions established thereunder. Open market repurchases will be structured to occur within the method, timing, price and volume requirements of Rule 10b-18 of the Exchange Act.
About Bluerock Homes Trust, Inc.
Bluerock Homes Trust, Inc. (NYSE American: BHM), headquartered in
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Company's present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth in Item 1A of the Company's Annual Report on Form 10-K filed by the Company with the
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SOURCE Bluerock Homes Trust, Inc.
FAQ
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