Equity Commonwealth Announces $100M Share Buyback Program

Equity Commonwealth EQC announced today that its Board of Trustees has authorized the repurchase of up to $100 million of its outstanding common shares over the next 12 months. Purchases made pursuant to the program will be made from time to time in the open market, in privately negotiated transactions or in other manners as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The program may be suspended or discontinued at any time. See full press release