Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
Indianapolis-based Simon Property Group Inc. announced today that the company’s board has approved a buyback plan for up to $1 billion in common stock. The company said it may purchase the stock over the next two years on the open market or in negotiated transactions.
Shares were up slightly on the news, to $87.87.
Please enable JavaScript to view this content.