InvenTrust Properties Corp. (OTCPK:IARE) announces a share repurchase program. Under the program, the company will repurchase up its own shares semi- annually from shareholders who purchased their shares from the company or acquired their shares through one or more non-cash transactions, such as transfers by gift, transfers by inheritance, intrafamily transfers, transfers as a result of family dissolutions, or transfers to affiliates and transfers by operation of law. The shares will be repurchased at a price equal to a 25% discount to the net asset value per share announced by the company prior the repurchase date. The program will be funded from the funds raised through the quarterly dividend reinvestment plan. The company may repurchase no more than 5% of the weighted-average number of Shares outstanding during the prior semi-annual period. The program will be terminated in case the shares of the company are listed on a National Stock Exchange or the company merges with a listed company. On August 5, 2021, the company effected a reverse stock split, every 10 shares of issued and outstanding common stock will be changed into one share of common stock and announced that the program will be suspended effective September 5, 2021.