{"id":691459,"date":"2022-10-03T16:18:05","date_gmt":"2022-10-03T20:18:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/urstadt-biddle-properties-inc-announces-2000000-share-repurchase-program\/"},"modified":"2022-10-03T16:18:05","modified_gmt":"2022-10-03T20:18:05","slug":"urstadt-biddle-properties-inc-announces-2000000-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/urstadt-biddle-properties-inc-announces-2000000-share-repurchase-program\/","title":{"rendered":"Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program<\/b><\/p>\n<p>GREENWICH, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ubproperties.com%2F&amp;esheet=52935258&amp;newsitemid=20221003006022&amp;lan=en-US&amp;anchor=Urstadt+Biddle+Properties+Inc.&amp;index=1&amp;md5=ed7111fc8f30914403ba4f9cdf7561db\">Urstadt Biddle Properties Inc.<\/a> (NYSE: UBA and UBP) today announced that the Company\u2019s Board of Directors has authorized a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company\u2019s Common Stock and Class A Common Stock, as market conditions warrant. This repurchase program replaces a prior repurchase program announced in June 2017. Share repurchases may be made in the open market or in private transactions, and at times and in amounts that the Company deems appropriate. The share repurchase program will be funded with available cash, has no set expiration date and may be discontinued at any time. There is no guarantee that the company will repurchase any shares pursuant to the repurchase program.\n<\/p>\n<p><i>Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 77 properties containing approximately 5.3 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 210 consecutive quarters of uninterrupted dividends to its shareholders since its inception.<\/i><\/p>\n<p><i>Certain statements contained herein may constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among other things, risks associated with the timing of and costs associated with property improvements, financing commitments and general competitive factors.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003006022r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20221003006022\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20221003006022\/en\/<\/a><\/span><\/p>\n<p>\nWilling L. Biddle, CEO or<br \/>\n<br \/>John T. Hayes, CFO<br \/>\n<br \/>Urstadt Biddle Properties Inc.<br \/>\n<br \/>(203) 863-8200\n<\/p>\n<p><b>KEYWORDS:<\/b> Connecticut United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221003006022\/en\/1590536\/3\/New_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program GREENWICH, Conn.&#8211;(BUSINESS WIRE)&#8211;Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced that the Company\u2019s Board of Directors has authorized a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company\u2019s Common Stock and Class A Common Stock, as market conditions warrant. This repurchase program replaces a prior repurchase program announced in June 2017. Share repurchases may be made in the open market or in private transactions, and at times and in amounts that the Company deems appropriate. The share repurchase program will be funded with available cash, has no set expiration date and may be discontinued at any time. There is no guarantee that the company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urstadt-biddle-properties-inc-announces-2000000-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-691459","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urstadt-biddle-properties-inc-announces-2000000-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Urstadt Biddle Properties Inc. Announces 2,000,000 Share Repurchase Program GREENWICH, Conn.&#8211;(BUSINESS WIRE)&#8211;Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced that the Company\u2019s Board of Directors has authorized a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company\u2019s Common Stock and Class A Common Stock, as market conditions warrant. This repurchase program replaces a prior repurchase program announced in June 2017. Share repurchases may be made in the open market or in private transactions, and at times and in amounts that the Company deems appropriate. The share repurchase program will be funded with available cash, has no set expiration date and may be discontinued at any time. There is no guarantee that the company &hellip; Continue reading &quot;Urstadt Biddle Properties Inc. 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