CPT · 10-Q · 2026Q3 · Full report
Share Repurchase Program
CAMDEN PROPERTY TRUST · 2026-11-06 · Importance 77 · Surprise 82 · Matches filing data
Cash used for common share repurchases increased to $483.1 million in the nine months ended September 30, 2026, from $50.0 million in the comparable 2025 period. Distributions to common shareholders and non-controlling interest holders were $337.4 million in the 2026 period, compared with $345.5 million in 2025. Camden replaced its expiring 2023 ATM program with a 2026 ATM program authorizing up to $500.0 million of common-share sales or forward sales, but had made no sales or entered into forward agreements as of the filing date. The 2026 ATM authorization remained fully available for general corporate purposes, including debt repayment, development, and acquisitions.
Key facts
- In February 2026, Camden's Board authorized a new share repurchase plan of up to $600.0 million of common shares or equity securities. source
- During the nine months ended September 30, 2026, Camden used $483.1 million for common share repurchases. source
- In January 2026, Camden repurchased 1,096,807 common shares at an average price of $110.03 per share for approximately $120.7 million under its then-existing plan. source
- Through September 30, 2026, Camden repurchased 3,440,019 common shares under the new plan for approximately $352.1 million at an average price of $102.36 per share. source
- As of the filing date, approximately $247.9 million remained available under Camden's share repurchase plan. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -5.0% | During the nine months ended September 30, 2026, Camden used $483.1 million for common share repurchases. |
| cash | negative | committed | -2.7% | In February 2026, Camden's Board authorized a new share repurchase plan of up to $600.0 million of common shares or equity securities. |