Zoned Properties (OTCQB:ZDPY), a real estate development firm, has announced plans to implement a stock repurchase program worth up to $1 million. The program has been approved by the company’s board and allows for the repurchase of shares in the open market, private transactions, or other means at prevailing market prices. Zoned Properties intends to utilize its existing cash on hand and projected future free cash flow to fund the repurchases.