Maxus Realty Trust Announces Adoption of Stock Repurchase Program
19 October 2007 - 9:26AM
PR Newswire (US)
NORTH KANSAS CITY, Mo., Oct. 18 /PRNewswire-FirstCall/ -- Maxus
Realty Trust, Inc. (NASDAQ:MRTI), a real estate investment trust
(the "Trust"), today announces that the Board of Trustees approved
a stock repurchase program authorizing the Trust to purchase up to
100,000 shares of the Trust's common stock, par value $1.00. The
share repurchase program will take place on the open market from
time to time based on market conditions. The repurchase program
does not require the Trust to repurchase any specific number of
shares and may be modified, suspended, or terminated by the Board
of Trustees at any time without prior notice. The Trust intends to
finance repurchases under the program through available cash.
Contact: DeAnn Totta (816) 303-4500 DATASOURCE: Maxus Realty Trust,
Inc. CONTACT: DeAnn Totta, +1-816-303-4500, for Maxus Realty Trust,
Inc.
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