Core Viewpoint - Presidio Property Trust, Inc. has announced a share repurchase plan authorizing the repurchase of up to 4 million of Series D Preferred Stock [1] Group 1: Share Repurchase Plan - The share repurchase program allows for shares to be repurchased using various methods, including open market transactions and privately negotiated transactions, in compliance with SEC rules [2] Group 2: Company Overview - Presidio is an internally managed diversified real estate investment trust (REIT) with holdings in model home properties leased to homebuilders, as well as office, industrial, and retail properties [3] - The model homes are located in Arizona, Illinois, Texas, Wisconsin, and Florida, while the office, industrial, and retail properties are primarily in Colorado, with additional locations in Maryland, North Dakota, Texas, and Southern California [3] - The company also owns approximately 4.3% of the outstanding common stock of Conduit Pharmaceuticals Inc., a clinical-stage life science company [3]
Presidio Property Trust Announces Update of Share Repurchase Program