CTO Realty sets new $10M stock buyback plan

* CTO Realty Growth (NYSE:CTO [https://seekingalpha.com/symbol/CTO]) announced that its board has approved a new $10 million stock repurchase program. The company also completed its previous $5 million program, repurchasing about $4.3 million of stock over the past 60 days.
* Under the new plan, CTO can buy up to $10 million of its shares through open market transactions, block trades, private deals, or trading plans under Rule 10b5-1, depending on market conditions. The program does not require the company to repurchase a set amount and can be modified, paused, or ended at any time.
* Source: Press Release [https://seekingalpha.com/pr/20242465-cto-realty-growth-completes-5-million-share-repurchase-program-and-board-approves-new-10]

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* CTO Realty Growth: Covered 9.3% Dividend Yield And Short-Term Price Dislocation Make This A Buy [https://seekingalpha.com/article/4813184-cto-realty-covered-9-3-percent-dividend-yield-and-short-term-price-dislocation-buy]
* CTO Realty Growth declares $0.38 dividend [https://seekingalpha.com/news/4487199-cto-realty-growth-declares-0_38-dividend]
* CTO Realty Growth targets 40%-60% cash leasing spread on anchor re-leasing while advancing $4.6M signed pipeline [https://seekingalpha.com/news/4474498-cto-realty-growth-targets-40-percentminus-60-percent-cash-leasing-spread-on-anchor-re-leasing]