The Board of Trustees of Alpine Global Premier Properties Fund (NYSE:AWP) authorized a share repurchase program on February 8, 2012. Under the program, the company will repurchase up to 10% of its outstanding common shares. The program allows the company to acquire shares in the open market at a discount to its Net Asset Value. The amount and timing of repurchases are subject to market conditions and investment considerations. The program will be effective immediately and will run till October 31, 2012. Alpine Woods Capital Investors, LLC acted as investment adviser to the Alpine Global Premier Properties Fund.