trending Market Intelligence /marketintelligence/en/news-insights/trending/qD9y0J_bSUJB05UOeBxI-A2 content esgSubNav
In This List

Ashford Trust, Ashford Prime set up new share repurchase programs

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Ashford Trust, Ashford Prime set up new share repurchase programs

Ashford Hospitality Trust Inc. and Ashford Hospitality Prime Inc. reapproved their share repurchase programs for up to $200 million and up to $50 million of their respective common shares.

The companies also agreed to sell up to $100 million and up to $50 million, respectively, of their common shares in at-the-market offerings from time to time.

Ashford Trust, its operating partnership and its adviser signed separate equity distribution agreements with UBS Securities LLC, Morgan Stanley & Co. LLC, B. Riley FBR Inc., Robert W. Baird & Co. Inc., D.A. Davidson & Co., Deutsche Bank Securities Inc. and Janney Montgomery Scott LLC as sales agents for the at-the-market offerings.

Ashford Prime, its operating partnership and its adviser signed separate equity distribution agreements with Morgan Stanley and UBS Securities as sales agents for the at-the-market offerings.