CBL & Associates Properties, Inc. filed a Form 8-K on November 4, 2026, disclosing that its Board of Directors authorized a new common stock repurchase program of up to $25.0 million, replacing the program authorized on November 5, 2025.

Key Highlights

  • New repurchase authorization: The Board authorized a program allowing the company to buy back up to $25.0 million of its common stock.
  • Program replaces prior authorization: The new program replaces the existing repurchase program that was authorized on November 5, 2025.
  • Expiration date: The repurchase program runs through December 31, 2027.
  • Purchase methods: Repurchases may occur on the open market, in privately negotiated transactions, or otherwise, depending on market prices and other conditions.
  • Signing officer: The filing was signed by Benjamin W. Jaenicke, Executive Vice President, Chief Financial Officer and Treasurer.

CBL & Associates Properties Authorizes $25.0 Million Buyback Through 2027

According to the Form 8-K filed on November 4, 2026, CBL & Associates Properties, Inc. (NYSE:CBL) announced that its Board of Directors authorized a new common stock repurchase program. The filing states that the new program replaces the existing repurchase program that had been authorized on November 5, 2025, making this the company's updated buyback framework.

Under the new program, the filing discloses that the company "may purchase up to $25.0 million of its common stock from time to time on the open market, in privately negotiated transactions or otherwise, depending on market prices and other conditions, through December 31, 2027." The filing does not specify a minimum number of shares to be repurchased, nor does it guarantee that any repurchases will be completed within the stated parameters.

The event was reported under Item 8.01 (Other Events) of the Form 8-K. The press release announcing the repurchase program was attached as Exhibit 99.1. The filing was signed by Benjamin W. Jaenicke, in his capacity as Executive Vice President, Chief Financial Officer and Treasurer of CBL & Associates Properties, Inc., headquartered at 2030 Hamilton Place Blvd., Suite 500, Chattanooga, Tennessee.

What Was Disclosed

CBL & Associates Properties disclosed a Board-authorized common stock repurchase program of up to $25.0 million, replacing the prior program from November 5, 2025, with purchases permitted through December 31, 2027, via open market or privately negotiated transactions.