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Hersha Hospitality to launch $50M common share repurchase program

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Hersha Hospitality to launch $50M common share repurchase program

Hersha Hospitality Trust will launch a $50 million share repurchase program for its common stock Jan. 1, 2019.

The program will last until Dec. 31, 2019, unless the hotel real estate investment trust's board of directors extends it.