LTC Properties to Buy Back $5 Million in Stock
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The board of directors for LTC Properties in Oxnard has approved the repurchase of up to $5 million of its common stock.
Purchases will be made in the open market or in negotiated transactions, company officials said.
The company is a real estate investment trust involved in long-term care and other health care-related facilities through mortgage loans, facility lease transactions and other investments.
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