StocksMedium•3 November 2026•
1 min read
NexPoint Residential Trust Announces $150 Million Share Repurchase Program
Key Facts
1NexPoint Residential Trust announced a new share repurchase authorization of up to $150 million.
NexPoint Residential Trust announced a new share repurchase authorization of up to $150 million. Benzinga reported that the program was disclosed alongside the company's third-quarter earnings results, as management moves to support shareholder value following a period of widened net losses.
NXRT closed at $18.04 on November 2, 2026, prior to the announcement of the buyback which comes as the company lowered its full-year guidance. Third-quarter results showed a 8.2% year-over-year decline in same-store net operating income, while post-quarter actions included a $32.0 million acquisition.