AvalonBay, Equity Residential complete merger, launch Vivmark Residential under NYSE ticker VMRK

Reuters2026/08/17 20:03

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AvalonBay Communities completed a merger of equals with Equity Residential to create Vivmark Residential, trading on the NYSE as VMRK on Aug. 18, 2026.
Combined company targets about $51 billion equity market value, about $70 billion enterprise value, 184,000 apartments, 11,100 units under construction.
AvalonBay shareholders received 2.793 Vivmark shares per share, ending with about 51% ownership; former Equity Residential holders own about 49%.
Vivmark set an initial expected annualized dividend of $2.81 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equity Residential published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-033377), on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AvalonBay, Equity Residential complete merger, launch Vivmark Residential under NYSE ticker VMRK

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