(NYSE:TRTX) NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s board of directors has approved a new share repurchase program (the “Program”) pursuant to which the Company is authorized to repurchase up to $25.0 million of the Company’s common stock. The Program authorizes the repurchase of common stock from time to time on the open market or in privately negotiated transactions, including under 10b5-1 plans. The Program succeeds
Related Questions
What is the anticipated timeline and execution method for the buyback, and how might it influence short‑term price movements?
How does this buyback size and strategy compare to recent repurchase programs of peer REITs and real‑estate finance firms?
How will the $25 million repurchase be funded and affect TRTX’s balance sheet and cash flow?