Elme Communities Declares Additional Liquidating Distribution and Sets NYSE Delisting Date
Key Facts
Elme Communities has completed the sale of all its remaining properties as part of its liquidation process. According to a statement reported by GlobeNewswire, the Board of Directors approved an additional liquidating distribution of $1.74 per share, with the delisting of the company's shares from the NYSE anticipated to occur in early November 2026.
ELME closed at $1.7 on September 28, 2026, as the company executes its previously approved plan of liquidation and dissolution to return capital to shareholders. The shares are expected to trade with due bills representing the right to the distribution through the payment date on October 22, 2026, marking the final period of trading before the ex-dividend date on October 23, 2026.