COUSINS PROPERTIES INC 8-K

What Happened Cousins Properties Incorporated (CUZ) announced on February 17, 2026 that its Board of Directors has authorized a program to repurchase up to $250 million of the company’s outstanding common shares. The company filed the announcement on Form 8-K and attached a press release as Exhibit 99.1.

Key Details

• Authorized repurchase amount: up to $250 million of common shares.
• Funding sources cited: proceeds from non-core asset sales, retained cash, debt financing, and/or settlement of common shares previously issued on a forward basis under the company’s at‑the‑market (ATM) program.
• Execution: purchases may occur from time to time at the company’s discretion, in the open market, through private negotiations, or as otherwise permitted by law.
• Program terms: no expiration date, no obligation to repurchase any specific dollar amount or number of shares, and may be suspended or discontinued at any time.

Why It Matters A repurchase authorization gives management flexibility to buy back shares, which can reduce outstanding share count and affect per‑share metrics if executed. The company’s note that funding may come from asset sales or debt highlights that buybacks will be balanced against other uses of capital; however, the program is discretionary and not a commitment to repurchase a set amount. Investors should view this as a potential capital‑allocation tool rather than an immediate guaranteed cash outflow.