Financing and Capital Activity

During the period from April 1, 2026 through May 11, 2026, the Company repurchased $0.1 billion of common stock through its share repurchase plan.

During the period from April 1, 2026 through May 11, 2026, the Company received approximately $0.1 billion of net borrowings on its unsecured line of credit and its senior secured revolving credit facility.

Share Repurchase Plan

Effective April 29, 2026, the Company amended its share repurchase plan, beginning with repurchases submitted during the month of April 2026 such that (i) repurchase requests made upon the death or qualifying disability of a stockholder who is a natural person will be repurchased in full to the extent there are available funds up to a limit of $5 million per month; and (ii) repurchase requests for accounts having a balance below $5,000 will be repurchased in full to the extent there are available funds up to a limit of $5 million per month. As a result, no repurchase requests will be accepted except in connection with (i) and (ii) above.