filings.toolsItem 1A. Risk Factors.
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Item 1A. Risk Factors.
There have been no material changes to the risk factors that were discussed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on February 9, 2024.
Item 2. Unregistered Sales of Equit****y Securities and Use of Proceeds.
Purchases of Equity Securities
The following table reflects repurchases of shares of MAA’s common stock during the three months ended September 30, 2024:
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share (2) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares That May Yet be Purchased Under the Plans or Programs (3) | ||||||||||||
| July 1, 2024 - July 31, 2024 | — | $ | — | — | 4,000,000 | |||||||||||
| August 1, 2024 - August 31, 2024 | — | $ | — | — | 4,000,000 | |||||||||||
| September 1, 2024 - September 30, 2024 | — | $ | — | — | 4,000,000 | |||||||||||
| Total | — | — | 4,000,000 |
(1)
The shares reflected in this column are shares of MAA’s common stock surrendered by employees to satisfy their statutory minimum federal and state tax obligations associated with the vesting of restricted shares.
(2)
The price per share is based on the closing price of MAA’s common stock as of the date of determination of the statutory minimum for federal and state tax obligations.
(3)
This column reflects the number of shares of MAA’s common stock that are available for purchase under the 4.0 million share repurchase program authorized by MAA’s Board of Directors in December 2015.
Item 3. Defaults Upo****n Senior Securities.
Not applicable.
Item 4. Mine Safe****ty Disclosures.
Not applicable.
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