Sun Communities Approves $1B Stock Repurchase Program
In a regulatory filing, Sun Communities disclosed that effective May 27, the board of directors of the company authorized a stock repurchase program under which the company may repurchase up to $1B of its common stock through May 27, 2027. "The stock repurchase program renews the company's previous stock repurchase program and provides the company with continued flexibility to repurchase shares of its common stock," Sun Communities stated.