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CAMDEN PROPERTY TRUST T.CPT


Primary Symbol: CPT

Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in, operates and develops 176 multifamily properties comprised of 59,800 apartment homes across the United States. Its four properties were under construction and consist of a total of 1,166 apartment homes. The Company’s properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others.


NYSE:CPT - Post by User

Bullboard Posts
Comment by ggnineon Sep 13, 2004 11:07pm
64 Views
Post# 7916400

RE: CPT to buy back 3% of it's shares!!!

RE: CPT to buy back 3% of it's shares!!!I for one like it. It helps to give a floor to the share price whenever the price falls below "TOBY's" predetermined share price. Also in a thinly traded stock ,it helps to stop a price fall simply because someone is selling a few thousand shares ,with no actual change in the intrinsic value of the company.
Bullboard Posts