Elme Communities
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On October 26, 2023, the Board authorized and approved a share repurchase program of up to $50.0 million of the Company’s common shares of beneficial interest over a period of two years. The Company did not repurchase any shares under the program during the 2024 Quarter. The share repurchase program is scheduled to expire on October 25, 2025, and there are $50.0 million of the Company’s common shares of beneficial interest that may yet be repurchased under the repurchase program as of June 30, 2024.
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