Cousins Properties Announces $100M Share Repurchase Program

Staff Report From Metro Atlanta CEO

Wednesday, September 9th, 2015

Cousins Properties Incorporated announced today that its Board of Directors has authorized the repurchase of up to $100 million of its outstanding common shares over the next two years. Cousins anticipates funding the share repurchase program with proceeds from non-core asset sales.

Purchases made pursuant to the share repurchase program will be made from time to time in the open market, in privately negotiated transactions or in other manners as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The program may be suspended or discontinued at any time.