Whitestone REIT Announces Share Repurchase and Dividend Increase
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Whitestone REIT announced a $50 million share repurchase program and a 5.6% dividend increase. The board approved the repurchase through May 2028, which may occur in open market or private deals. The dividend payment is changed from monthly to quarterly, set at $0.1425 per share/unit, reflecting a 5.6% growth over the prior amount.
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