{"success":true,"data":{"pressRelease":{"id":"19741","rtpr_id":"nBwv1Dv1a","ticker":"UDR","exchange":"NYSE","all_tickers":["UDR"],"title":"UDR, Inc. Expands Share Repurchase Program to Approximately 30 Million Shares","author":"Business Wire","published_at":"2026-05-04T20:16:00.090Z","article_body":"UDR, Inc. Expands Share Repurchase Program to Approximately 30 Million Shares\n\nUDR, Inc. (NYSE: UDR\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.udr.com%2FStock&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=UDR&index=1&md5=c9d295cbcd67a7074773d42cd51ec964)\n), a leading multifamily real estate investment trust, today announced that\nits Board of Directors has authorized increasing its share repurchase program\nby 25 million shares, effective immediately. This increase gives the Company\nthe ability to repurchase a total of approximately 30 million shares, which\nequates to more than $1 billion at current share price levels.\n\nShare repurchases under this program may be made from time to time in\nopen-market purchases, in block purchases, in privately negotiated\ntransactions or otherwise as determined by the Company. The timing and actual\nnumber of shares repurchased will depend on a variety of factors including\nprice, corporate and regulatory requirements, and other market conditions. The\nshare repurchase program does not have an expiration date and may be\nterminated at any time without prior notice.\n\nForward-Looking Statements\n\nCertain statements made in this press release may constitute\n“forward-looking statements.” Words such as “expects,” “intends,”\n“believes,” “anticipates,” “plans,” “likely,” “will,”\n“seeks,” “outlook,” “guidance,” “estimates” and variations of\nsuch words and similar expressions are intended to identify such\nforward-looking statements. Forward-looking statements, by their nature,\ninvolve estimates, projections, goals, forecasts and assumptions and are\nsubject to risks and uncertainties that could cause actual results or outcomes\nto differ materially from those expressed in a forward-looking statement, due\nto a number of factors, which include, but are not limited to, general market\nand economic conditions, unfavorable changes in the apartment market and\neconomic conditions that could adversely affect occupancy levels and rental\nrates, the impact of inflation/deflation on rental rates and property\noperating expenses, the availability of capital and the stability of the\ncapital markets, the impact of tariffs, geopolitical tensions, conflicts and\nwars, government shutdowns, and changes in immigration, elevated interest\nrates, the impact of competition and competitive pricing, acquisitions,\ndevelopments and redevelopments not achieving anticipated results, delays in\ncompleting developments, redevelopments and lease-ups on schedule or at\nexpected rent and occupancy levels, changes in job growth, home affordability\nand demand/supply ratio for multifamily housing, development and construction\nrisks that may impact profitability, risks that joint ventures with third\nparties and Debt and Preferred Equity Program investments do not perform as\nexpected, the failure of automation or technology to help grow net operating\nincome, and other risk factors discussed in documents filed by the Company\nwith the SEC from time to time, including the Company's Annual Report on Form\n10-K and the Company's Quarterly Reports on Form 10-Q. Actual results may\ndiffer materially from those described in the forward-looking statements.\nThese forward-looking statements and such risks, uncertainties and other\nfactors speak only as of the date of this press release, and the Company\nexpressly disclaims any obligation or undertaking to update or revise any\nforward-looking statement contained herein, to reflect any change in the\nCompany's expectations with regard thereto, or any other change in events,\nconditions or circumstances on which any such statement is based, except to\nthe extent otherwise required under the U.S. securities laws.\n\nAbout UDR, Inc.\n\nUDR, Inc. (NYSE: UDR\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.udr.com%2FStock&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=UDR&index=2&md5=8078f7c7fc3adb2854b9b1c61763a493)\n), an S&P 500 company, is a leading multifamily real estate investment\ntrust with a demonstrated performance history of delivering superior and\ndependable returns by successfully managing, buying, selling, developing and\nredeveloping attractive real estate communities in targeted U.S. markets. As\nof March 31, 2026, UDR owned or had an ownership position in 59,782 apartment\nhomes, including 300 apartment homes under development. For over 53 years, UDR\nhas delivered long-term value to shareholders, the best standard of service to\nresidents, and the highest quality experience for associates. Additional\ninformation can be found on the Company’s refreshed Investor Relations\nwebsite at ir.udr.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.udr.com%2Finvestor-relations-overview%2Fdefault.aspx&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=ir.udr.com&index=3&md5=de9cbedb2447e130c5baf9f6bb37684f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260504528190/en/\n(https://www.businesswire.com/news/home/20260504528190/en/)\n\nUDR, Inc.\n\nTrent Trujillo\n\nttrujillo@udr.com \n(mailto:ttrujillo@udr.com) \n720-283-6135\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwv1Dv1a","title":"UDR, Inc. Expands Share Repurchase Program to Approximately 30 Million Shares","author":"Business Wire","ticker":"UDR","created":"2026-05-04T20:16:00.090Z","tickers":["UDR"],"exchange":"NYSE","article_body":"UDR, Inc. Expands Share Repurchase Program to Approximately 30 Million Shares\n\nUDR, Inc. (NYSE: UDR\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.udr.com%2FStock&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=UDR&index=1&md5=c9d295cbcd67a7074773d42cd51ec964)\n), a leading multifamily real estate investment trust, today announced that\nits Board of Directors has authorized increasing its share repurchase program\nby 25 million shares, effective immediately. This increase gives the Company\nthe ability to repurchase a total of approximately 30 million shares, which\nequates to more than $1 billion at current share price levels.\n\nShare repurchases under this program may be made from time to time in\nopen-market purchases, in block purchases, in privately negotiated\ntransactions or otherwise as determined by the Company. The timing and actual\nnumber of shares repurchased will depend on a variety of factors including\nprice, corporate and regulatory requirements, and other market conditions. The\nshare repurchase program does not have an expiration date and may be\nterminated at any time without prior notice.\n\nForward-Looking Statements\n\nCertain statements made in this press release may constitute\n“forward-looking statements.” Words such as “expects,” “intends,”\n“believes,” “anticipates,” “plans,” “likely,” “will,”\n“seeks,” “outlook,” “guidance,” “estimates” and variations of\nsuch words and similar expressions are intended to identify such\nforward-looking statements. Forward-looking statements, by their nature,\ninvolve estimates, projections, goals, forecasts and assumptions and are\nsubject to risks and uncertainties that could cause actual results or outcomes\nto differ materially from those expressed in a forward-looking statement, due\nto a number of factors, which include, but are not limited to, general market\nand economic conditions, unfavorable changes in the apartment market and\neconomic conditions that could adversely affect occupancy levels and rental\nrates, the impact of inflation/deflation on rental rates and property\noperating expenses, the availability of capital and the stability of the\ncapital markets, the impact of tariffs, geopolitical tensions, conflicts and\nwars, government shutdowns, and changes in immigration, elevated interest\nrates, the impact of competition and competitive pricing, acquisitions,\ndevelopments and redevelopments not achieving anticipated results, delays in\ncompleting developments, redevelopments and lease-ups on schedule or at\nexpected rent and occupancy levels, changes in job growth, home affordability\nand demand/supply ratio for multifamily housing, development and construction\nrisks that may impact profitability, risks that joint ventures with third\nparties and Debt and Preferred Equity Program investments do not perform as\nexpected, the failure of automation or technology to help grow net operating\nincome, and other risk factors discussed in documents filed by the Company\nwith the SEC from time to time, including the Company's Annual Report on Form\n10-K and the Company's Quarterly Reports on Form 10-Q. Actual results may\ndiffer materially from those described in the forward-looking statements.\nThese forward-looking statements and such risks, uncertainties and other\nfactors speak only as of the date of this press release, and the Company\nexpressly disclaims any obligation or undertaking to update or revise any\nforward-looking statement contained herein, to reflect any change in the\nCompany's expectations with regard thereto, or any other change in events,\nconditions or circumstances on which any such statement is based, except to\nthe extent otherwise required under the U.S. securities laws.\n\nAbout UDR, Inc.\n\nUDR, Inc. (NYSE: UDR\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.udr.com%2FStock&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=UDR&index=2&md5=8078f7c7fc3adb2854b9b1c61763a493)\n), an S&P 500 company, is a leading multifamily real estate investment\ntrust with a demonstrated performance history of delivering superior and\ndependable returns by successfully managing, buying, selling, developing and\nredeveloping attractive real estate communities in targeted U.S. markets. As\nof March 31, 2026, UDR owned or had an ownership position in 59,782 apartment\nhomes, including 300 apartment homes under development. For over 53 years, UDR\nhas delivered long-term value to shareholders, the best standard of service to\nresidents, and the highest quality experience for associates. Additional\ninformation can be found on the Company’s refreshed Investor Relations\nwebsite at ir.udr.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.udr.com%2Finvestor-relations-overview%2Fdefault.aspx&esheet=54528248&newsitemid=20260504528190&lan=en-US&anchor=ir.udr.com&index=3&md5=de9cbedb2447e130c5baf9f6bb37684f)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260504528190/en/\n(https://www.businesswire.com/news/home/20260504528190/en/)\n\nUDR, Inc.\n\nTrent Trujillo\n\nttrujillo@udr.com \n(mailto:ttrujillo@udr.com) \n720-283-6135\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-04T20:16:00.147363267Z","server_sent_at_ms":1777925760147},"received_at":"2026-05-04T20:16:00.208Z","source_url":"https://www.businesswire.com/news/home/20260504528190/en/"},"analysis":{"id":"17319","press_release_id":"19741","analysis_json":{"industry":{"label":"Equity Real Estate Investment Trusts (REITs)","sector":"Real Estate"},"redFlags":[],"eventType":"buyback","narrative":"UDR's Board of Directors authorized an expansion of its share repurchase program by 25 million shares, bringing the total authorization to approximately 30 million shares.\n\nAt current share price levels, this authorization equates to more than $1 billion in potential repurchases.\n\nThe program has no expiration date and allows for purchases through open market, block, or privately negotiated transactions depending on market conditions.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"UDR signals undervaluation with a massive $1B+ buyback authorization."},"keyFigures":{"customDimensions":{"shares_added":"25 million","approximate_value_usd":"more than $1 billion","total_shares_authorized":"30 million"}},"quotedText":"","namedEntities":{"people":[{"name":"Trent Trujillo","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"UDR, Inc.","ticker":"UDR"}],"dollarAmounts":[{"amount":"more than $1 billion","context":"total capacity of share repurchase program at current price levels"}]},"materialImpact":{"score":4,"reasoning":"The Board authorized a significant expansion of the repurchase program by 25 million shares, enabling a total authorization of approximately 30 million shares. This represents a capacity of over $1 billion based on current prices, signaling strong confidence in the company's valuation and cash flow generation."},"tickerRelevance":{"others":[],"primary":"UDR"},"globalImportance":35,"audienceRelevance":45,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"S&P 500 / Mid-cap REIT","eventGravity":"Significant capital return announcement ($1B+ capacity)","sectorWeight":"Real Estate","householdBrandBoost":false}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"UDR's Board of Directors authorized an expansion of its share repurchase program by 25 million shares, bringing the total authorization to approximately 30 million shares.\n\nAt current share price levels, this authorization equates to more than $1 billion in potential repurchases.\n\nThe program has no expiration date and allows for purchases through open market, block, or privately negotiated transactions depending on market conditions.","key_figures":{"customDimensions":{"shares_added":"25 million","approximate_value_usd":"more than $1 billion","total_shares_authorized":"30 million"}},"named_entities":{"people":[{"name":"Trent Trujillo","role":"Investor Relations Contact"}],"products":[],"companies":[{"name":"UDR, Inc.","ticker":"UDR"}],"dollarAmounts":[{"amount":"more than $1 billion","context":"total capacity of share repurchase program at current price levels"}]},"model_name":"glm-4.7","prompt_hash":"sha256:6c7fa2f5e3b62e83","schema_hash":"sha256:ee8f711bc9bfba0d","created_at":"2026-05-06T16:46:00.565Z","global_importance":35,"audience_relevance":45,"importance_components":{"tickerTier":"S&P 500 / Mid-cap REIT","eventGravity":"Significant capital return announcement ($1B+ capacity)","sectorWeight":"Real Estate","householdBrandBoost":false}},"durationMs":null,"modelName":"glm-4.7"}}