SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 5, 1997
BRT REALTY TRUST
(Exact name of registrant as specified in charter)
Massachusetts I-7172 13-2755856
(State or other (Commission file No.) (IRS Employer
jurisdiction of I.D. No.)
incorporation)
60 Cutter Mill Road, Suite 303, Great Neck, New York 11021
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code 516-466-3100
Item 5. - Other Events.
On December 5, 1997 Registrant's Board of Trustees authorized an increase
in the Registrant's stock repurchase program to 1,250,000 shares. Of the
previous authorization, Registrant has repurchased 617,973 shares at an average
cost of $7.12 per share. With the new authorization, the Trust can purchase up
to an additional 632,027 shares from time to time in the open market or in
private transactions.
Signatures
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 thereunto duly authorized.
BRT REALTY TRUST
By:(s)
Simeon Brinberg,
Senior Vice President
Date: December 16, 1997
