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RNewswire – Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced that its Board has approved a new common‑stock buy‑back program. The new authorization supersedes the existing $500 million limit that was set to expire on December 31, 2025. Under the prior plan, Alexandria had repurchased $258.2 million of its $0.01‑par common stock, mainly in January 2025. The updated program allows the company to buy up to $500 million of outstanding shares through December 31, 2026, using open‑market purchases, negotiated deals, accelerated repurchases, derivatives, or other mechanisms.

    The company will decide the timing, price, and volume of each buy‑back at its discretion, based on market conditions, cash availability, and other factors. The program does not obligate Alexandria to repurchase any shares and may be paused or terminated at any time. The preferred approach is to fund repurchases on a leverage‑neutral basis, using net cash from operations after dividends and proceeds from real‑estate sales or joint‑venture exits.

    About Alexandria Real Estate Equities, Inc.

    Alexandria, an S&P 500® life‑science REIT founded in 1994, is a leader in collaborative Megacampus™ ecosystems across major U.S. innovation hubs such as Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, the Research Triangle, and New York City. For more information, visit www.are.com.

    Forward‑Looking Statements

    This release contains forward‑looking statements under the Securities Act and Exchange Act. These statements reflect the company’s current intentions and expectations but are not guarantees. Actual results may differ materially due to risks and uncertainties disclosed in the company’s SEC filings, including its most recent Form 10‑K and subsequent Form 10‑Q reports.

    Contact

    Joel S. Marcus, Executive Chairman & Founder

    (626) 578‑9693 | [email protected]