BBX Capital Announces Plans for Cash Tender Offer to Repurchase Common Stock

BBX Capital Corporation announced on Wednesday its intention to launch a cash tender offer to purchase shares of its Class A and Class B common stock. The company plans to use this offer to acquire a portion of its outstanding equity from existing shareholders, though it has not yet disclosed the specific price per share or the total number of shares it intends to repurchase.

The company will provide further details regarding the terms, conditions, and expiration date of the tender offer in a formal filing with the Securities and Exchange Commission once the process officially commences. BBX Capital stated that the offer will be subject to customary closing conditions and regulatory requirements. Management indicated that the company will fund the repurchases using its existing cash reserves. Shareholders should expect the company to distribute formal offer documents once the tender process begins, which will outline the procedures for participating in the transaction.

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Date: June 3, 2026

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