INVH · 8-K · 20260909PR000048
Capital Return Program
Invitation Homes Inc. · 2026-09-09 · Importance 59 · Surprise 42 · In source text
Invitation Homes repurchased $700 million of stock since December 2025 at an average price of $26.72 per share, equal to 4.3% of shares outstanding. The company had $300 million remaining under its $1 billion repurchase authorization as of September 4, 2026. FY26 disposition guidance increased by $300 million to $850 million, and year-to-date dispositions through the reported period were $740 million, up $225 million from the prior update. The company said dispositions are its primary funding source for buybacks while the discount persists; its year-to-date average disposition price was approximately $460,000 per home versus an average buyback price of approximately $278,000.
Key facts
- Invitation Homes’ stock repurchase authorization was $1 billion, with $300 million remaining as of September 4, 2026. source
- Invitation Homes repurchased $700 million of stock since December 2025, representing 4.3% of shares outstanding, at an average price of $26.72 per share. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Invitation Homes’ stock repurchase authorization was $1 billion, with $300 million remaining as of September 4, 2026. |
| cash | negative | realized | — | Invitation Homes repurchased $700 million of stock since December 2025, representing 4.3% of shares outstanding, at an average price of… |