NexPoint Real Estate Finance, Inc. Buyback
OLI recorded this information on 3/9/2020
NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc. (NYSE: NREF) ("NREF") announced today that its Board of Directors has authorized the repurchase of up to $10.0 million of its common stock. This authorization expires on March 9, 2022. NREF may utilize various methods to effect the repurchases, and the timing and extent of the repurchases will depend upon several factors, including market and business conditions, regulatory requirements and other corporate considerations, including whether NREF's common stock is trading at a significant discount to book value per share. Repurchases under this program may be discontinued at any time.
Nexpoint Real Estate Finance operates as a commercial real estate finance company. Co. invests in mortgage and mezzanine loans, equities, commercial real estate properties, and mortgage backed securities.
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Strong Buy (3.67 out of 4)