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BRIEF-Independence Realty Trust Announces $250 Million Share Repurchase Authorization And Increases Quarterly Dividend By 17%

May 18 (Reuters) - Independence Realty Trust Inc (IRT):

* INDEPENDENCE REALTY TRUST ANNOUNCES $250 MILLION SHARE REPURCHASE AUTHORIZATION AND INCREASES QUARTERLY DIVIDEND BY 17%

* BOARD OF DIRECTORS AUTHORIZED A REPURCHASE PROGRAM OF UP TO $250 MILLION OF COMPANY'S COMMON STOCK

* INDEPENDENCE REALTY TRUST-BOARD ALSO APPROVED QUARTERLY DIVIDEND OF $0.14 PER SHARE OF COMMON STOCK, REPRESENTING 17% INCREASE OVER PRIOR QUARTERLY RATE Source text for Eikon: Further company coverage:

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