08:55 AM EST, 02/17/2026 (MT Newswires) -- Cousins Properties ( CUZ ) said Tuesday its board approved a new plan to buy back as much as $250 million of the company's common stock.

The real estate firm intends to finance the buybacks using cash on hand, debt, proceeds from the sale of non-core assets, or settled shares from its at-the-market program, the company said.

The program allows for acquisitions through private deals or open market transactions, depending on economic conditions and stock price levels, it said.

The company also said the authorization has no set expiration date and can be paused or ended at any time.

Shares of the company were up 1.4% in recent Tuesday premarket activity.