CTO Realty Growth(CTO) - 2023 Q4 - Annual Results

◾ Sold six properties during the quarter for total disposition volume of $64.2 million at a weighted average exit cap rate of 7.8%, generating total gains on sales of $3.1 million. ◾ Repurchased 62,015 shares of common stock at an average price of $15.72 per share. "Operational performance in the fourth quarter was strong, with comparable leasing rent growth of nearly 18% and same-store NOI growth of just under 5%. Even with some of the tenant challenges we experienced in the first half of the year, we cont ...