Stockholders' equity |
6 Months Ended |
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Jun. 30, 2026 | |
| Stockholders' Equity Note [Abstract] | |
| Stockholders' equity | STOCKHOLDERS’ EQUITYCommon equity transactions Common stock repurchase program On December 8, 2025, we announced that our Board of Directors authorized a new common stock repurchase program that allows for the repurchase of up to $500.0 million of our common stock through December 31, 2026. This new program replaced our prior stock repurchase program. As of the date of this report, no repurchases have been made under the new program and $500.0 million remains available for future share repurchases. ATM common stock offering program In February 2024, we entered into an ATM common stock offering program that allows us to sell up to an aggregate of $1.50 billion of our common stock. During the six months ended June 30, 2026, we had no activity under our ATM program. As of June 30, 2026, the remaining aggregate amount available under our ATM program for future sales of common stock was $1.47 billion. Dividends During the three months ended March 31, 2026, we declared cash dividends on our common stock aggregating $125.5 million, or $0.72 per share. During the three months ended June 30, 2026, we declared cash dividends on our common stock aggregating $125.4 million, or $0.72 per share. Accumulated other comprehensive loss The change in accumulated other comprehensive loss attributable to Alexandria Real Estate Equities, Inc.’s stockholders for the six months ended June 30, 2026 was due to net unrealized losses of $3.6 million, and included $11.7 million of unrealized foreign currency translation losses related to our operations in Canada, partially offset by $8.1 million of unrealized gains resulting from the changes in the fair value of our cross-currency swap agreements due to the weakening of the Canadian dollar. Refer to Note 11 – “Hedge agreements” to our unaudited consolidated financial statements for additional information. Common stock, preferred stock, and excess stock authorizations Our charter authorizes the issuance of 400.0 million shares of common stock, of which 170.7 million shares were issued and outstanding as of June 30, 2026. Our charter also authorizes the issuance of up to 100.0 million shares of preferred stock, none of which were issued and outstanding as of June 30, 2026. In addition, 200.0 million shares of “excess stock” (as defined in our charter) are authorized, none of which were issued and outstanding as of June 30, 2026.
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