MacKenzie Realty Capital Board Temporarily Suspends Preferred Share Repurchase Program; Continue To Review Strategic Alternatives
To enable the Company to better react to any strategic alternative that may be brought to it by its financial advisor, Maxim Group LLC ("Maxim"), the Board has determined to temporarily suspend the Preferred
MacKenzie Realty paused buying back its own preferred shares. The company wants to keep cash ready if a big business opportunity shows up.
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