UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: A summary of our repurchases of shares of our common stock for the three months ended March 31, 2025 was as follows:
−Removed: Issuer Purchases of Equity Securities
−Removed: Period Total Number of Shares Purchased (1)
−Removed: Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
−Removed: Maximum Number (or Approximate Dollar Value) of Shares that May Yet be Purchased
−Removed: January 1 - January 31, 2025 $ — $ — — $50,000,000
−Removed: February 1 - February 28, 2025 13,743 15.23 — $50,000,000
−Removed: March 1 - March 31, 2025 — — — $50,000,000
−Removed: Total $ 13,743 $ 15.23 —
−Removed: ______________________________
−Removed: (1) Represents restricted shares surrendered by employees to Elme to satisfy such employees' applicable statutory minimum tax withholding obligations in connection with the vesting of restricted shares.
−Removed: (2) On October 26, 2023, the Board authorized and approved a share repurchase program of up to $50.0 million of the Company’s common shares of beneficial interest over a period of two years, subject to any applicable limitations or restrictions set forth in our existing credit facility and other debt agreements.
−Removed: The share repurchase program is scheduled to expire on October 25, 2025, unless extended by the Board.
+Added: On October 26, 2023, the board of trustees authorized and approved a share repurchase program of up to $50.0 million of our common shares of beneficial interest over a period of two years, subject to any applicable limitations or restrictions set forth in our existing credit facility and other debt agreements.
+Added: We did not repurchase any shares under the program during the 2025 Quarter.
+Added: The share repurchase program is scheduled to expire on October 25, 2025, unless extended by the board of trustees.
DEFAULTS UPON SENIOR SECURITIES
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.