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Resource Capital Corp. Buyback

OLI recorded this information on 10/8/2014

Company: Resource Capital Corp.
Buyback: RSO buyback
$Amount Authorized: $50,000,000
Buyback Details: Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that its Board of Directors has authorized a stock repurchase plan under which the Company may buy up to $50 million of its outstanding shares of common stock.

Resource Capital is a real estate investment trust. Co. originates, holds and manages commercial mortgage loans and other commercial real estate-related debt investments. Co. invests in the following asset classes: commercial real estate-related assets such as first mortgage loans, first priority interests in first mortgage loans, and subordinated interests in first mortgage loans; residential real estate-related assets such as residential mortgage loans and residential mortgage-backed securities; and commercial finance assets such as asset-backed securities, structured note investments, syndicated corporate loans, and preferred equity investment in a commercial leasing enterprise.

Preferreds: RSO.PRA, RSO.PRB


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Company Name:  Exantas Capital Corp
Stock buyback:  RSO buyback
Website:  www.resourcecapitalcorp.com
Sector:  REITs
 

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April 26, 2024    5:01 AM Eastern
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Buy (3.00 out of 4)
82nd percentile
(ranked higher than approx. 82% of all stocks covered)
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