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Mid-America Apartment Communities to redeem all outstanding preferred shares on Oct. 1, 2026 at $50 each

PUBT·08/28/2026 11:30:33
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Mid-America Apartment Communities to redeem all outstanding preferred shares on Oct. 1, 2026 at $50 each
  • Mid-America Apartment Communities will redeem all outstanding 8.50% Series I Cumulative Redeemable Preferred Stock for cash on Oct. 1, 2026.
  • Redemption price set at USD 50 per share, plus unpaid accrued dividends through the redemption date.
  • Full quarterly dividend of USD 1.0625 per share payable Sept. 30, 2026, to holders of record Sept. 15, 2026.
  • Redemption expected to be funded with proceeds from settlement of a forward sale agreement under its ATM equity offering program.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mid America Apartment Communities Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608280730PR_NEWS_USPR_____CL35806) on August 28, 2026, and is solely responsible for the information contained therein.