Equity

Share Repurchase Authorization Limit

Extra Space Storage Share Repurchase Authorization Limit decreased by 29.0% to $349.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.2%, from $500.00M to $349.03M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2024

How to read this metric

Higher limits suggest strong cash flow and management's belief that the stock is undervalued.

Detailed definition

This is the maximum dollar value or share count authorized by the Board of Directors for the repurchase of the company's...

Peer comparison

Common among mature, cash-generative companies seeking to optimize their capital structure.

Metric ID: share_repurchase_authorization_limit

Historical Data

12 periods
 Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$336.99M$336.99M$336.99M$336.99M$336.99M$500.00M$500.00M$500.00M$500.00M$491.39M$491.39M$349.03M
QoQ Change+0.0%+0.0%+0.0%+0.0%+48.4%+0.0%+0.0%+0.0%-1.7%+0.0%-29.0%
YoY Change+0.0%+0.0%+48.4%+48.4%+48.4%+0.0%-1.7%-1.7%-30.2%
Range$336.99M$500.00M
CAGR+1.3%
Avg YoY Growth+12.4%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Extra Space Storage's share repurchase authorization limit?
Extra Space Storage (EXR) reported share repurchase authorization limit of $349.03M in Q1 2026.
How has Extra Space Storage's share repurchase authorization limit changed year-over-year?
Extra Space Storage's share repurchase authorization limit decreased by 30.2% year-over-year, from $500.00M to $349.03M.
What does share repurchase authorization limit mean?
The maximum amount the company is allowed to spend on buying back its own stock.