MAA · 8-K · 20260909PR386623

Capital Return Program

MID AMERICA APARTMENT COMMUNITIES INC. · 2026-09-09 · Importance 58 · Surprise 42 · In source text

Through August 31, 2026, MAA repurchased 940,433 common shares at a weighted average price of $130.54, for approximately $122.77 million. Including 206,916 shares repurchased in 2025 for $27.23 million, cumulative repurchases totaled 1,147,349 shares and $150 million. MAA announced on August 28, 2026 that it would redeem all outstanding 8.5% Series I cumulative redeemable preferred shares on October 1, 2026, for $43.4 million, funded through a forward sale under its ATM equity offering program.

Key facts

• Through August 31, 2026, MAA repurchased 940,433 common shares at a weighted-average price of $130.54 per share for a gross amount of $122.77 million. source
• MAA announced on August 28, 2026, that it would redeem all outstanding 8.5% Series I Cumulative Redeemable Preferred Stock on October 1, 2026. source
• MAA's announced preferred-stock redemption was $43.4 million and was to be funded through a forward sale agreement under its ATM Equity Offering Program. source
• MAA paid 130 consecutive quarterly cash dividends as of July 31, 2026; its quarterly dividend had never been suspended or reduced since the first payment on May 10, 1994. source

Impact estimates