Cousins Properties Announces $250 Million Share Repurchase Program

Core Viewpoint - Cousins Properties has announced a $250 million share repurchase program, which will be funded through various means including asset sales and retained cash [1] Group 1: Share Repurchase Program - The Board of Directors has authorized the repurchase of up to $250 million of outstanding common shares [1] - The program will be funded through proceeds from non-core asset sales, retained cash, debt financing, and/or settlement of common shares previously issued [1] - Purchases will occur in the open market, privately negotiated transactions, or other legal manners, with no expiration date for the program [1] Group 2: Company Overview - Cousins Properties is a fully integrated, self-administered, and self-managed real estate investment trust (REIT) based in Atlanta, GA [1] - The company primarily invests in Class A office buildings located in high growth Sun Belt markets [1] - Founded in 1958, Cousins focuses on creating shareholder value through expertise in development, acquisition, leasing, and management of high-quality real estate assets [1]