Independence Realty Trust, Inc. Announces Public Offering of 8,500,000 Shares of Common Stock
Independence Realty Trust, Inc. (IRT)
NASDAQ:AMEX Investor Relations:
irtliving.com/page.aspx/contentid/7/investor-relations
Company Research
Source: Business Wire
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today announced that it is commencing an underwritten public offering of 8,500,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreement described below. IRT expects to grant the underwriters a 30-day option to purchase up to 1,275,000 additional shares of common stock.KeyBanc Capital Markets and BMO Capital Markets are acting as joint book-running managers of the offering.IRT expects to enter into a forward sale agreement with Bank of Montreal (the “forward purchaser”) with respect to 8,500,000 shares of its common stock (and expects to enter into a forward sale agreement with respect to an aggregate of 9,775,000 shares if the underwriters exercise their option to purchase additional shares in full). In connection with the forward sale agreement, the forward purchaser or its affiliates are expected to borrow and sell to the underwriters an aggregate of 8,5
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News
- Independence Realty Trust, Inc. (NYSE: IRT) is now covered by analysts at Barclays PLC. They set an "equal weight" rating and a $23.00 price target on the stock.MarketBeat
- Independence Realty Trust Announces Fourth Quarter 2024 DividendBusiness Wire
- MAA Stock Rises 27.2% in 6 Months: Will the Trend Continue? [Yahoo! Finance]Yahoo! Finance
- Independence Realty Trust Scheduled to Participate in Nareit’s REITworld Annual ConferenceBusiness Wire
- Independence Realty Trust, Inc. (NYSE: IRT) was upgraded by analysts at BMO Capital Markets from an "underperform" rating to a "market perform" rating. They now have a $21.00 price target on the stock, up previously from $19.00.MarketBeat
IRT
Earnings
- 10/30/24 - Beat
IRT
Sec Filings
- 12/9/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- IRT's page on the SEC website