MID AMERICA APARTMENT COMMUNITIES INC
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 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.
Purchases of Equity Securities
The following table reflects repurchases of shares of MAA’s common stock during the three months ended September 30, 2024:
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share (2) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares That May Yet be Purchased Under the Plans or Programs (3) |
|---|---|---|---|---|
| July 1, 2024 - July 31, 2024 | — | $— | — | 4,000,000 |
| August 1, 2024 - August 31, 2024 | — | $— | — | 4,000,000 |
| September 1, 2024 - September 30, 2024 | — | $— | — | 4,000,000 |
| Total | — | — | 4,000,000 |
(1)
The shares reflected in this column are shares of MAA’s common stock surrendered by employees to satisfy their statutory minimum federal and state tax obligations associated with the vesting of restricted shares.
(2)
The price per share is based on the closing price of MAA’s common stock as of the date of determination of the statutory minimum for federal and state tax obligations.
(3)
This column reflects the number of shares of MAA’s common stock that are available for purchase under the 4.0 million share repurchase program authorized by MAA’s Board of Directors in December 2015.
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