Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Issuer Purchase of Equity Securities during the first quarter of 2026:
+Added: Issuer Purchase of Equity Securities during the second quarter of 2026:
Remaining number
5 unchanged sentences
Announced Plan
−Removed: January 1-31, 2026
−Removed: February 1-28,2026
−Removed: March 1-31, 2026
+Added: April 1-30, 2026
+Added: May 1-31, 2026
+Added: June 1-30, 2026
On August 20, 2007, NewReal, Inc., the General Partner authorized an equity repurchase program (“Repurchase Program”) under which the Partnership was permitted to purchase, over a period of twelve months, up to 300,000 Depositary Receipts (each of which is one-tenth of a Class A Unit).
−Removed: Over time, the General Partner has authorized increases in the equity repurchase program.The Repurchase Program requires the Partnership to repurchase a proportionate number of Class B Units and General Partner Units in connection with any repurchases of any Depositary Receipts by the Partnership based upon the 80%, 19% and 1% fixed distribution percentages of the holders of the Class A, Class B and General Partner Units under the Partnership’s Second Amended and Restated Contract of Limited Partnership.
+Added: Over time, the General Partner has authorized increases in the equity repurchase program.
+Added: The Repurchase Program requires the Partnership to repurchase a proportionate number of Class B Units and General Partner Units in connection with any repurchases of any Depositary Receipts by the Partnership based upon the 80%, 19% and 1% fixed distribution percentages of the holders of the Class A, Class B and General Partner Units under the Partnership’s Second Amended and Restated Contract of Limited Partnership.
Repurchases of Depositary Receipts or Partnership Units pursuant to the Repurchase Program may be made by the Partnership from time to time in its sole discretion in open market transactions or in privately negotiated transactions.
4 unchanged sentences
On March 11, 2026, the General Partner authorized the President and Treasurer to renew the Repurchase Plan for one year.
−Removed: From August 20, 2007 through March 31, 2026, the Partnership has repurchased 1,561,062 Depositary Receipts at an average price of $32.09 per receipt (or $962.70) per underlying Class A Unit), 4,622 Class B Units and 243 General Partnership Units, both at an average price of $1,304 per Unit, totaling approximately $57,045,000 including brokerage fees paid by the Partnership .
−Removed: During the three months ended March 31, 2026, the Partnership purchased a total of 1,653 Depositary Receipts.
+Added: From August 20, 2007 through June 30, 2026, the Partnership has repurchased 1,575,610 Depositary Receipts at an average price of $32.36 per receipt (or $970.80) per underlying Class A Unit), 4,737 Class B Units and 249 General Partnership Units, both at an average price of $1,317 per Unit, totaling approximately $58,152,000 including brokerage fees paid by the Partnership .
+Added: During the six months ended June 30, 2026, the Partnership purchased a total of 16,201 Depositary Receipts.
The average price was $61.29 per receipt, or $1,838.70 per unit.
5 unchanged sentences
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.