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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Service Properties Trust > What happened to the company buying back shares
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Comment by Phatfiendon Sep 15, 2016 10:14pm
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Post# 25243273

RE:What happened to the company buying back shares

RE:What happened to the company buying back sharesOn the investor call for the Q3 revenue announcement I believe they mentioned that they had exhausted their approved buyback from October last year and have to wait until the BOD meets again in order to approve more capacity.
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