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SL Green Increases Stock Buyback Program to the Tune of $3 Billion

Manhattan Office REIT Also Raises Dividend for Ninth Straight Year
SL Green Realty Corp. recently agreed to buy 603 West 50th St. in Manhattan with plans to reposition the six-story office property following the acquisition. (CoStar)
SL Green Realty Corp. recently agreed to buy 603 West 50th St. in Manhattan with plans to reposition the six-story office property following the acquisition. (CoStar)
By Sean Evaro
CoStar Research
December 11, 2019 | 12:11 AM

The board of real estate investment trust SL Green Realty Corp. authorized the Manhattan office REIT to buy back another $500 million of its own shares, boosting its aggressive stockrepurchase program to $3 billion.

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