** Alexandria Real Estate Equities' ARE.N shares rise 1.7% to $105.62 in light premarket trading
** Co approves the purchase of up to $500 million of its outstanding shares of common stock until December 31, 2025
** Up to last close, shares down 18.1% YTD
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.Chaudhary@thomsonreuters.com))
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