PINE Alpine Income Property Trust

Alpine Income Property Trust Announces Approval of New $10 Million Common Stock Repurchase Program

Alpine Income Property Trust Announces Approval of New $10 Million Common Stock Repurchase Program

WINTER PARK, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors approved a new common stock repurchase program (the “Program”). Under the Program, the Company may acquire shares of the Company’s common stock, $0.01 par value per share (“Common Stock”), in the open market, from time to time, in block trades, or otherwise, for a total purchase price of up to $10,000,000. The Program does not require the Company to repurchase any dollar amount or number of shares of Common Stock and may be suspended or discontinued at any time.

About Alpine Income Property Trust, Inc.

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased commercial income properties that are predominately leased to high-quality publicly traded and credit-rated tenants.

We encourage you to review our most recent investor presentation which is available on our website at .

Contact:  Philip R. Mays
   Senior Vice President, Chief Financial Officer and Treasurer
   (407) 904-3324
   
    

Safe Harbor

This press release may contain “forward-looking statements.” Forward-looking statements include statements that may be identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company’s current expectations and assumptions regarding capital market conditions, the Company’s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include general business and economic conditions, continued volatility and uncertainty in the credit markets and broader financial markets, risks inherent in the real estate business, including tenant defaults, potential liability relating to environmental matters, credit risk associated with the Company investing in first mortgage investments, illiquidity of real estate investments and potential damages from natural disasters, the impact of epidemics or pandemics on the Company’s business and the businesses of its tenants and the impact of such epidemics or pandemics on the U.S. economy and market conditions generally, other factors affecting the Company’s business or the business of its tenants that are beyond the control of the Company or its tenants, and the factors set forth under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other risks and uncertainties discussed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.



EN
12/02/2025

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Reports on Alpine Income Property Trust

 PRESS RELEASE

Alpine Income Property Trust Announces First Quarter 2025 Transaction ...

Alpine Income Property Trust Announces First Quarter 2025 Transaction Activity and Balance Sheet Update WINTER PARK, Fla., April 02, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its investment and disposition activities for the first quarter of 2025 and provided a balance sheet update. Investment and Disposition Activity The Company’s total investment activity during the first quarter of 2025 includes $79.2 million of acquisition and structured investment transactions representing a weighted average initial investment yield of...

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Alpine Income Property Trust Announces First Quarter 2025 Earnings Rel...

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 PRESS RELEASE

Alpine Income Property Trust Announces Approval of New $10 Million Com...

Alpine Income Property Trust Announces Approval of New $10 Million Common Stock Repurchase Program WINTER PARK, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors approved a new common stock repurchase program (the “Program”). Under the Program, the Company may acquire shares of the Company’s common stock, $0.01 par value per share (“Common Stock”), in the open market, from time to time, in block trades, or otherwise, for a total purchase price of up to $10,000,000. The Program does not requir...

 PRESS RELEASE

Alpine Income Property Trust Reports Fourth Quarter and Full Year 2024...

Alpine Income Property Trust Reports Fourth Quarter and Full Year 2024 Operating Results - Fourth Quarter Net Loss of $0.06 per diluted share and FFO and AFFO of $0.44 per diluted share -- Closed Investments of $134.7 million at an 8.7% cash yield in 2024 –- Increases Dividend for Q1 2025 -- Provides 2025 Outlook - WINTER PARK, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced its operating results and earnings for the quarter an...

 PRESS RELEASE

Alpine Income Property Trust Announces Fourth Quarter 2024 Earnings Re...

Alpine Income Property Trust Announces Fourth Quarter 2024 Earnings Release and Conference Call Information WINTER PARK, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the fourth quarter and full year 2024 after the market closes on Thursday, February 6, 2025. A conference call to discuss its financial and operating results is scheduled for Friday, February 7, 2025 at 9:00 AM ET. A live webcast of the call will be available on the Investor Relations pag...

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