CTO Realty Growth Completes $5 Million Share Repurchase Program and Board Approves New $10 Million Authorization

Core Viewpoint - CTO Realty Growth, Inc. has announced a new $10 million common stock repurchase program, following the completion of a previous $5 million program where approximately $4.3 million was repurchased in the last 60 days [1][2]. Group 1: Stock Repurchase Program - The new stock repurchase plan allows CTO to buy up to $10 million of its common stock through various methods, including open market transactions and block purchases, subject to market conditions [2]. - The previous stock repurchase program was concluded with approximately $4.3 million of common stock repurchased [1]. Group 2: Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality, open-air shopping centers in the Southeast and Southwest markets of the United States [3]. - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [3].