APARTMENT INVESTMENT & MANAGEMENT CO
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed Aug 11, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-05-08.
0000950170-25-067034
Item 1A. RISK FACTORSUNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIESCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-11.
0001193125-25-177967
Item 1A. RISK FACTORSUNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIESThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 24 previous paragraphs and 24 current paragraphs.
19 unchanged; 4 reworded; 1 added; 1 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 2 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
During the three months ended June 30, 2025, Aimco did not repurchase any shares of its outstanding Common Stock.
Removed paragraphs (1)
Previous report
The following table summarizes Aimco’s share repurchases, for the three months ended March 31, 2025, all of which were part of publicly announced programs:
Reworded paragraphs (4)
Previous wording
On May 7, 2025, there were 141,707,657 shares of Common Stock outstanding, held by 895 stockholders of record. The number of holders does not include individuals or entities who beneficially own shares but whose shares are held of record by a broker or clearing agency but does include each such broker or clearing agency as one record holder.
Current wording
On August 8, 2025, there were 142,331,227 shares of Common Stock outstanding, held by 888 stockholders of record. The number of holders does not include individuals or entities who beneficially own shares but whose shares are held of record by a broker or clearing agency but does include each such broker or clearing agency as one record holder.
Previous wording
(1) On July 28, 2022, Aimco announced that its Board of Directors (the “Board”) authorized Aimco to repurchase up to 15 million shares of its outstanding Common Stock. On November 6, 2023, Aimco announced that the Board authorized Aimco to repurchase up to an additional 15 million shares of its outstanding Common Stock, for a total of 30 million shares. Subject to certain blackout restrictions, these repurchases may be made from time to time in the open market or in privately negotiated transactions. These share repurchase authorizations have no expiration date.
Current wording
On July 28, 2022, Aimco announced that its Board of Directors (the “Board”) authorized Aimco to repurchase up to 15 million shares of its outstanding Common Stock. On November 6, 2023, Aimco announced that the Board authorized Aimco to repurchase up to an additional 15 million shares of its outstanding Common Stock, for a total of 30 million shares. As of June 30, 2025, Aimco was authorized to repurchase up to 16.2 million shares of its outstanding Common Stock. Subject to certain blackout restrictions, these repurchases may be made from time to time in the open market or in privately negotiated transactions. These share repurchase authorizations have no expiration date.
Previous wording
On May 7, 2025, there were 153,382,723 OP Units and equivalents outstanding (of which 141,707,657 were held by Aimco), that were held by 1,876 unitholders of record.
Current wording
On August 8, 2025, there were 153,192,728 OP Units and equivalents outstanding (of which 142,331,227 were held by Aimco), that were held by 1,844 unitholders of record.
Previous wording
Aimco Operating Partnership’s Partnership Agreement generally provides that after holding OP Units for one year, limited partners other than Aimco have the right to redeem their OP Units for cash or, at Aimco’s election, shares of Aimco Common Stock on a one-for-one basis (subject to customary antidilution adjustments). During the three months ended March 31, 2025, no OP Units were redeemed in exchange for shares of Common Stock and 11,477 OP Units were redeemed in exchange for cash at an aggregate weighted average price per unit of $9.22, inclusive of the $0.60 dividend distribution.
Current wording
Aimco Operating Partnership’s Partnership Agreement generally provides that after holding OP Units for one year, limited partners other than Aimco have the right to redeem their OP Units for cash or, at Aimco’s election, shares of Aimco Common Stock on a one-for-one basis (subject to customary antidilution adjustments). During the three months ended June 30, 2025, no OP Units were redeemed in exchange for shares of Common Stock and 8,609 OP Units were redeemed in exchange for cash at an aggregate weighted average price per unit of $8.10.