Reported Earlier, Ashford Hospitality Trust Announces $17M Advisory Fee Waiver By Ashford Inc., Which Will Also Buy 2.5% Of Outstanding Common Stock Quarterly, And Terminates ATM Program
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Why It Matters
Ashford Hospitality's main advisor is saving them $17 million in fees this year. They are also buying back company stock, which can signal confidence in the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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