Equity REITs see Q2 share repurchases more than double (NYSEARCA:XLRE)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
0mins
Source: SeekingAlpha
Q2 Stock Buyback Activity: Equity REITs experienced a significant increase in stock buyback activity in Q2, totaling nearly $1.3B, up from $553.9M the previous year, with Healthcare Realty Trust leading the repurchases.
Subsector Performance: Health care REITs dominated the buyback market with $349.0M in shares repurchased, followed by self-storage and shopping center REITs with $271.8M and $201.4M, respectively.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
