Jun. 20 at 12:15 PM
Stratus
$STRS makes major moves - forms Holden Hills Phase 2 JV with
$47.9M cash infusion and boosts buyback to
$25M. Smart capital recycling, but can they outrun
$195M debt load? Austin land bank looks tempting at 0.78x book, but execution risks remain high. Buyback might put a floor under shares... for now.
https://www.sec.gov/Archives/edgar/data/885508/000088550825000049/strs-20250613.htm