GTJ REIT Inc. disclosed the final results of its cash tender offer to acquire up to 750,000 shares of its issued and outstanding common stock.
The diversified real estate investment trust accepted for purchase 5,000 shares at $7.00 apiece, for a total purchase price of $35,000, excluding relevant fees and expenses.
The shares accepted for purchase represent about 0.04% of GTJ REIT's 13,594,125 outstanding shares, as of March 5.
American Stock Transfer & Trust Co. LLC was the depository for the tender offer.
GTJ REIT made the initial tender offer to deter stockholders from accepting a tender offer by MacKenzie Realty Capital Inc. that expired March 2 with no shares tendered.
