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SEC Filings

10-Q
FOREST CITY REALTY TRUST, INC. filed this Form 10-Q on 10/30/2018
Entire Document
 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) and (b) – Not applicable.
(c) – Repurchase of equity securities during the quarter.
 
Issuer Purchases of Equity Securities
Period
Total
Number of
Shares
Purchased
 
Average
Price Paid
Per Share
 
Total Number of
Shares Purchased as
Part of Publicly
Announced Plans
or Programs
 
Maximum Dollar Amount of Shares that May
Yet Be Purchased
Under the Plans
or Programs
Class A Common Stock
 
 
 
 
 
 
 
July 1 through July 31, 2018
 
 
 
 
 
 
 
Common Stock Repurchase Program (1) 

 
$

 

 
$
400,000,000

Employee Transactions (2) 
9,595

 
$
23.25

 

 
 
August 1 through August 31, 2018
 
 
 
 
 
 
 
Common Stock Repurchase Program (1) 

 
$

 

 
$
400,000,000

Employee Transactions (2) 
147

 
$
25.05

 

 
 
September 1 through September 30, 2018
 
 
 
 
 
 
 
Common Stock Repurchase Program (1) 

 
$

 

 
$
400,000,000

Employee Transactions (2) 
19,743

 
$
25.12

 

 
 
Total
 
 
 
 
 
 
 
Share Repurchase Program (1)

 
$

 

 
$
400,000,000

Employee Transactions (2) 
29,485

 
$
24.51

 

 
 
(1)
On March 22, 2018, our Board of Directors approved a $400,000,000 share repurchase program. The repurchase program authorizes us to repurchase shares of our Class A common stock on the open market or otherwise in amounts and at such times and prices as the Board of Directors and authorized officers shall determine. The repurchase program has no set expiration date. We had not repurchased any shares under this program through July 30, 2018 and pursuant to the Merger Agreement, we are not permitted to repurchase shares of our Class A common stock prior to the completion of the proposed Merger.
(2)
Class A common stock repurchased to satisfy the minimum tax withholding requirements relating to restricted stock vesting.

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