Alexander Fagan

Alexander Fagan from Baird inquired about the company's current appetite for executing share buybacks.

Answer

CEO John Kite responded that while KRG has a buyback plan in place and is always considering it opportunistically, the current focus is on deploying capital into high-return backfilling projects. He noted that as new cash flow is generated from these projects in the coming quarters, buybacks could become more of an opportunity.

Alexander Fagan from Baird asked about the company's current appetite for executing share buybacks.

Answer

CEO John Kite confirmed that a buyback plan is in place and is always considered as an opportunistic tool. However, he stated that the current priority for capital allocation is funding high-return tenant backfill projects. He suggested buybacks could become a more prominent option as these projects begin generating new cash flow in the coming quarters.

Alexander Fagan from Robert W. Baird & Co. inquired about the company's current appetite for executing share buybacks.

Answer

CEO John Kite confirmed that a buyback plan is in place and is always considered opportunistically. However, he stated the current priority is deploying capital into high-return leasing of vacant space. He suggested that as this leasing generates new cash flow in coming quarters, buybacks could become a more active consideration.