UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as specified in charter)
| (State or other jurisdiction of incorporation) |
(Commission file No.) | (IRS Employer I.D. No.) |
| (Address of principal executive offices) | (Zip code) |
Registrant’s telephone number, including area
code:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Information.
On or about October 6, 2023, our Board approved a share repurchase plan authorizing us to repurchase up to $10 million of shares of our common stock in the open market or privately negotiated transactions (including related party transactions).
Since July 1, 2023, the Company, pursuant to its prior repurchase plan, as amended, repurchased approximately $6.3 million of shares.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description of Exhibit | |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ONE LIBERTY PROPERTIES, INC. | ||
| Date: October 6, 2023 | By: | /s/ David W. Kalish |
| David W. Kalish | ||
| Senior Vice President-Financial | ||
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Cover |
Oct. 06, 2023 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Oct. 06, 2023 |
| Entity File Number | 001-09279 |
| Entity Registrant Name | ONE LIBERTY PROPERTIES, INC. |
| Entity Central Index Key | 0000712770 |
| Entity Tax Identification Number | 13-3147497 |
| Entity Incorporation, State or Country Code | MD |
| Entity Address, Address Line One | 60 Cutter Mill Road |
| Entity Address, Address Line Two | Suite 303 |
| Entity Address, City or Town | Great Neck |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 11021 |
| City Area Code | 516 |
| Local Phone Number | 466-3100 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock |
| Trading Symbol | OLP |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |