Elme Communities Provides Update On Liquidation Activities
Globe Newswire•29/09/2026•16:35 ET
5
Key Highlights
- ➤Elme (ELME) completes sales of all remaining properties.
- ➤Final two property sales generate approximately $103.2 million net proceeds.
- ➤Board approves $1.74 per-share additional liquidating distribution, payable October 22, 2026.
- ➤Aggregate cash liquidating distributions reach $16.41 per share.
- ➤NYSE delisting expected November 5, 2026; company dissolution planned November 6, 2026.
Board approves declaration of $1.74 per share additional liquidating distribution
Delisting from NYSE anticipated to occur in early November 2026
Get started
Create a free account to read the full story.