Simon Authorizes New $2B Stock Repurchase Program
Simon announced that the company's Board of Directors authorized a new common stock repurchase program. Under the new program, the company may purchase up to $2B of its common stock through February 29, 2028, as market conditions warrant. This new $2B program replaces the previous $2B program that had been scheduled to expire on February 15, 2026, of which approximately $1.7B remained available.