Columbus Realty Trust announces dividend reinvestment plan.DALLAS--(BUSINESS WIRE)--March 6, 1995--Columbus Realty Trust (New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. Symbol: CLB CLB Club CLB Columbus Blue Jackets (NHL hockey) CLB Combat Logistics Battalion (US Marine Corps) CLB Configurable Logic Block (microchip technology) ) (the "Company") announced today that it has filed with the Securities and Exchange Commission a registration statement covering 500,000 common shares which may be issued by the Company pursuant to a Dividend Reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. and Share Purchase Plan (the "Plan"). The Plan will permit shareholders to acquire additional shares of the Company's common stock through the reinvestment of regular quarterly cash dividends and the making of optional cash payments to the Plan. All shares purchased by the Plan will be newly issued shares purchased directly from the Company at a price equal to 95 percent of the market price of the Company's shares and will incur no commission cost. The Company intends to use the proceeds from the sale of its shares under the Plan for general corporate purposes, including the acquisition and development of additional multifamily properties and the repayment of existing indebtedness. The Company anticipates mailing subscription materials to its shareholders during March to permit shareholders to reinvest the first quarter dividend pursuant to the Plan. Robert L. Shaw Robert L. Shaw (born: - died: ) was a politician from Alberta, Canada. Shaw was first elected to the Alberta Legislature in the 1909 Alberta general election. He defeated Conservative candidate J.K. , chief executive officer of the Company, stated that, "the Company is excited to be able to offer the Dividend Reinvestment and Share Purchase Plan to its shareholders. We believe that the Plan will offer our shareholders a convenient and cost effective way to increase their ownership in the Company." Columbus Realty Trust, headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , is a self- administered and self-managed real estate investment trust engaged in the business of multifamily residential property development, acquisition, ownership and management. CONTACT: Columbus Realty Trust, Dallas J. Michael Lewis Michael Lewis or Mick Lewis may refer to:
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