Form 8-K · Current report
Mid-America Apartment Communities 8-K, filed Aug 28, 2026
- Filed
- CIK
- 0000912595
- Accession no.
- 0001193125-26-372238
Summary
Mid-America Apartment Communities (MAA) will redeem all outstanding shares of its 8.50% Series I Cumulative Redeemable Preferred Stock on October 1, 2026 at $50.00 per share plus unpaid accrued dividends, funded with proceeds from a forward sale agreement under its ATM equity offering program. MAA said it expects the redemption to be accretive to Core FFO per share and to simplify its capital structure by retiring legacy preferred equity.
Key points
- MAA will redeem all Series I preferred shares on October 1, 2026 at $50.00 per share plus unpaid accrued dividends.
- MAA will pay a quarterly dividend of $1.0625 per Series I share on September 30, 2026 to holders of record on September 15, 2026.
- The Series I shares were originally issued by Post Properties in 1996 and converted into MAA Series I shares in connection with MAA's December 2016 acquisition of Post.
- MAA intends to fund the redemption with proceeds from a forward sale agreement under its ATM equity offering program, with an initial forward sale price of $130.00 per share.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
ITEM 7.01 Regulation FD Disclosure. On August 28, 2026, Mid-America Apartment Communities, Inc., or the Company, issued a press release announcing the redemption by the Company of all outstanding shares of its 8.50% Series I Cumulative Redeemable Preferred Stock. A copy of the press release is furnished as Exhibit 99.1 to this Current Report. The information included in this Current Report under this Item 7.01 is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18, nor shall it be incorporated by reference into any filing under the…
An excerpt of the text as filed with the SEC, cut for length.
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