Mid-America Apartment Communities Inc.

Mid-America Apartment Communities Inc. (MAA), founded in 1978 and headquartered in Memphis, Tennessee, United States, is a leading REIT specializing in multifamily apartment communities across more than 20 states. The company generates revenue from rental income and property management fees, leveraging a portfolio of over 120 communities with modern amenities. Under the leadership of CEO Darrin W. Campbell, MAA is focusing on strategic acquisitions and renovations to enhance asset value and maintain a competitive market position. Its balanced approach between income generation and growth initiatives positions the company favorably for future expansion.

Under its Stock Repurchase Plan, MAA's Board of Directors authorized in December 2015 the repurchase of up to 4.0 million shares of MAA common stock (approximately 5.3% of shares outstanding at the time). As of December 31, 2025, 206,916 shares had been repurchased under the authorization (all repurchased in December 2025 at an average price of $131.61 per share, totaling $27.235 million in payments for repurchase of common stock for the year), leaving 3,793,084 shares available for purchase.