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Post Properties may repurchase up to $200 million in preferreds
By Devika Patel
Knoxville, Tenn., Dec. 3 - Post Properties, Inc. announced that its board of directors adopted a new stock repurchase program under which the company may repurchase up to $200 million of common stock or preferred stock at market prices from time to time until Dec. 31.
Post is an Atlanta-based upscale multifamily community real estate investment trust.
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