Elme Communities lowers liquidation estimate to $16.74-$17.02 per share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Elme Communities Provides Update On Liquidation Activities
May 11, 2026 6:30 AM EDTCompany has sold five of its properties in 2026 and entered into purchase and sale agreements covering four of its remaining five propertiesÂ
Continues to target completing all remaining sales by mid-year 2026 with delisting and dissolution targeted for third quarter 2026
Updates range of total estimated liquidating distributions to $16.74 - $17.02 per share (including the initial $14.67 per share distribution paid in January 2026)
BETHESDA, Md., May 11, 2026 (GLOBE NEWSWIRE) -- Elme Communities (Elme or the Company) (NYSE: ELME) today provided an update regarding the status of ongoing... More
