CBL Authorizes New $25.0 Million Stock Repurchase Program Through December 2027
CBL & Associates Properties' Board of Directors authorized a new common stock repurchase program of up to $25.0 million, which replaces the program authorized on November 5, 2025. The company may buy shares on the open market, in privately negotiated transactions or otherwise through December 31, 2027, depending on market prices and other conditions. The filing does not commit the company to any particular amount of repurchases.
Key points
- Program authorizes up to $25.0 million of common stock repurchases.
- Replaces the existing program authorized on November 5, 2025.
- Purchases may be made through December 31, 2027, and the program may be suspended or discontinued at any time.
- CEO Stephen D. Lebovitz cited a cash balance of over $366.0 million and no major debt maturities until 2028.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.