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Fitch: Discounted Valuations Reinvigorating REIT Share Repurchase Appetites

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NEW YORK--(BUSINESS WIRE)--The level of REIT share repurchases will rise through the balance of 2015 and likely into 2016, according to Fitch Ratings. Buybacks were a hot topic of conversation during the second-quarter earnings season, with many companies completing repurchases under existing authorizations or announcing new programs. Fitch's ratings for most REITs have some tolerance for modest, temporary leverage increases due to share repurchases funded with assets sales given strong credit

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