Seeking Alpha

The board of CYS Investments (CYS) approves a stock repurchase plan of up to $250M (about 11% of...

The board of CYS Investments (CYS) approves a stock repurchase plan of up to $250M (about 11% of market cap). The mREIT joins others in the sector fighting back against waves of selling by buying back shares below book value. As of Sept. 30, CYS had book value/share of $14.46. Today's close: $11.78, an 18.5% discount. Shares +0.8% AH. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs