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Vivmark Residential Calls Series K Cumulative Redeemable Preferred Shares for Redemption

  • Vivmark Residential (NYSE: VMRK) announced the redemption of all outstanding Series K Cumulative Redeemable Preferred Shares on December 10, 2026.
  • The redemption price is $50.806 per share, comprising the $50.00 liquidation preference plus $0.806 in accrued dividends from October 1, 2026, to the redemption date.
  • As of November 9, 2026, there were 343,100 Series K Preferred Shares outstanding with an aggregate liquidation preference of $17.155 million.
  • Dividends on the Series K Preferred Shares will cease to accrue after the redemption date, all rights will terminate except for the right to receive the redemption price, and the shares will no longer be deemed outstanding.
  • A notice of redemption will be mailed to record holders no later than November 16, 2026, with DTC holders redeemed according to applicable procedures.
  • Computershare Trust Company, N.A. serves as the transfer agent and paying agent for the redemption, with inquiries directed to 1-800-733-5001 or P.O. Box 43006, Providence, RI 02940-3006.
  • Vivmark Residential is an S&P 500 company formed by the merger of AvalonBay Communities, Inc. and Equity Residential, managing over 185,000 apartment homes with $4.4 billion in active development.