Strawberry Fields REIT, Inc. announces an Equity Buyback for $5 million worth of its shares.
November 14, 2023 at 09:10 am EST
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Strawberry Fields REIT, Inc. (NYSEAM:STRW) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The repurchase program has no time limit.
Strawberry Fields REIT, Inc. is a self-administered real estate investment trust. The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Companyâs portfolio includes 107 healthcare facilities with an aggregate of 12,203 beds, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Texas. The Companyâs 107 healthcare facilities comprise 97 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals. The Company's portfolio includes Infinity Healthcare of Illinois, BRIA Health Services, Infinity Healthcare of Indiana, Green Park Healthcare Management, Infinity Healthcare of Tennessee, The Blossoms at Arkansas, The Landmark Group and more.