Simon Property Group Announces $2 Billion Common Stock Repurchase Program
April 02 2015 - 8:00AM
PR Newswire (US)
INDIANAPOLIS, April 2, 2015 /PRNewswire/ -- Simon Property
Group, Inc. (NYSE: SPG), a leading global retail real estate
company, today announced that the Company's Board of Directors
authorized a common stock repurchase program. Under the
program, the Company may purchase up to $2
billion of its common stock over the next 24 months as
market conditions warrant. The shares may be repurchased in
the open market or in privately negotiated transactions.
About Simon
Simon is a global leader in retail real estate ownership,
management and development and a S&P100 company (Simon Property
Group, NYSE: SPG). Our industry-leading retail properties and
investments across North America,
Europe and Asia provide shopping experiences for millions
of consumers every day and generate billions in annual retail
sales. For more information, visit simon.com.
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