Healthcare Trust Reactivates Share Repurchase Program
July 2, 2018 | James Sprow | Blue Vault
On June 29, 2018, Healthcare Trust, Inc. announced that its board of directors unanimously determined to reactivate the Company’s share repurchase program (the “SRP”), effective June 30, 2018.
The Company previously suspended the SRP concurrent with the commencement of the Company’s offer to purchase up to 230,000 shares of the Company’s common stock on March 13, 2018. No repurchase requests under the SRP have been accepted since the SRP was suspended.
The Company will process any requests received prior to the suspension of the SRP which qualify for repurchase under the terms of the SRP and issue payment before July 31, 2018. Requests received after the suspension went into effect will be considered for repurchase in connection with the repurchase period ending December 31, 2018.
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