Rexford Industrial Realty Announces $1B Buyback Plan

Rexford Industrial Realty, Inc.

Rexford Industrial Realty, Inc.

REXR

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Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced its Board of Directors authorized a new, $1.0 billion stock repurchase program.