Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that the Executive Committee of its Board of Directors has approved a share repurchase program authorizing the repurchase of up to $10 million of the Company's outstanding shares from October 13, 2008 through December 15, 2008 or the date that the maximum amount has been purchased, if earlier. It is intended that the shares will be purchased through a Rule 10b5-1 plan. The Company has maintained a stable capital base and considers this $10 million investment in our shares at this time to be appropriate. This decision was based upon our capital structure and our low leverage ratios, as well as other performance metrics: -- Investment volume for the quarter ended September 30, 2008 was approximately $255 million, with total year-to-date volume of over $400...
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