Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Shares of the Company’s common stock are traded on the New York Stock Exchange under the symbol “HR.” As of December 31, 2025, there were 1,863 stockholders of record.
Future dividends will be declared and paid at the discretion of the Board of Directors. The Company’s ability to pay dividends is dependent upon its ability to generate funds from operations and cash flows, and to make accretive new investments.
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Equity Compensation Plan Information
The following table provides information as of December 31, 2025, about the Company’s common stock that may be issued as restricted stock and upon the exercise of options, warrants and rights under the Company’s existing compensation plans, including the Amended and Restated 2006 Incentive Plan.
PLAN CATEGORY NUMBER OF SECURITIES
TO BE ISSUED
upon exercise of outstanding options, warrants, and rights WEIGHTED AVERAGE EXERCISE PRICE
of outstanding options, warrants, and rights NUMBER OF SECURITIES REMAINING AVAILABLE
for future issuance under equity
compensation plans (excluding
securities reflected in the first column)
Equity compensation plans approved by security holders — — 3,979,387
Equity compensation plans not approved by security holders — — —
Total — — 3,979,387
Issuer Purchases of Equity Securities
During the year ended December 31, 2025, the Company withheld and canceled shares of Company common stock to satisfy employee tax withholding obligations payable upon the vesting of non-vested shares, as follows:
PERIOD TOTAL NUMBER OF SHARES PURCHASED AVERAGE PRICE PAID
per share TOTAL NUMBER OF SHARES purchased as part of publicly announced plans or programs MAXIMUM NUMBER (or Approximate DOLLAR VALUE) OF SHARES
that may yet be purchased
under the plans or programs
January 1 - January 31 4,029 $ 16.27 — 236,957,114
February 1 - February 28 9,034 16.56 — 236,957,114
March 1 - March 31 — — — 236,957,114
April 1 - April 30 18,877 15.83 — 236,957,114
May 1 - May 31 4,535 14.50 — 236,957,114
June 1 - June 30 49,441 15.48 — 236,957,114
July 1 - July 31 30,479 15.81 — 236,957,114
August 1 - August 31 96,164 16.67 — 236,957,114
September 1 - September 30 — — — 236,957,114
October 1 - October 31 952 17.68 — 500,000,000
November 1 - November 30 — — — 500,000,000
December 1 - December 31 20,985 17.19 — 500,000,000
Total 234,496 $ 16.24
Authorization to Repurchase Common Stock
On October 28, 2025, the Company's Board of Directors authorized the repurchase of up to $500.0 million of outstanding shares of the Company's common stock, superseding the previous $300.0 million stock repurchase authorization. The stock repurchase authorization expires on October 27, 2026, and the Company may suspend or terminate repurchases at any time without prior notice. Under the Maryland General Corporation Law, outstanding shares of common stock acquired by a corporation become authorized but unissued shares, which may be re-issued. As of December 31, 2025, the Company had $500.0 million remaining under its current share repurchase authorization.
Subsequent Activity
In January 2026, the Company repurchased 2.9 million shares of its common stock at an average price of $17.27 per share for a total of $50.0 million resulting in $450.0 million of authorized share repurchases remaining.
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Stock Performance Graph
The following graph provides a comparison of the Company's cumulative total shareholder return with the Russell 3000 Index and cumulative total returns of FTSE NAREIT All Equity REITs Index for the period from December 31, 2020 through December 31, 2025. The comparison assumes $100 was invested on December 31, 2020, in the Company's common stock and in each of the indexes and assumes reinvestment of dividends, as applicable. The Company's data for periods prior to July 20, 2022, is the stock performance of Healthcare Realty Trust Incorporated (now known as HRTI, LLC) ("Legacy HR"), which merged into Healthcare Trust of America, Inc. (now known as Healthcare Realty Trust Incorporated)(the "Merger").
Item 6. [Reserved]
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