Presidio property trust announces update of share repurchase program

San diego, dec. 19, 2024 (globe newswire) -- (nasdaq: sqft; sqftp; sqftw) presidio property trust, inc. (“presidio” or the “company”), an internally managed, diversified real estate investment trust (“reit”), today announced that its board of directors has approved a share repurchase plan authorizing the company to repurchase up to $6 million of its outstanding shares of series a common stock and up to $4 million of its outstanding shares of series d preferred stock. under the share repurchase program, the shares may be repurchased from time to time using a variety of methods, which may include open market transactions, privately negotiated transactions or otherwise, all in accordance with the rules of the securities and exchange commission and other applicable legal requirements.
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