What is Independence Realty Trust's share buybacks?

Independence Realty Trust (IRT) reported share buybacks of $29.94M in Q1 2026.

What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Independence Realty Trust IRT Share Buybacks

Share Buybacks at other companies

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$219.39M—

Camden Property TrustCPT

$262.83M—

Mid-America Apartment CommunitiesMAA

$72.78M—

AvalonBay CommunitiesAVB

$198.48M—

Invitation HomesINVH

$447.21M—

American Homes 4 RentAMH

——

Other financials

Income statement

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Revenue$165.3M+2.5%

Net income-$127.0K-101%

EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$23.3M-19.7%

Total debt$2.9M+28.3%

Total equity$3.4B-1.8%

Total assets$6.1B+1.9%

Cash flow

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Operating cash flow$55.3M-8.4%

CapEx$1.6M-50.4%

Free cash flow$69.0M+11.6%

Valuation

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Market cap$3.84B-28.5%

Profitability

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Gross margin96.1%—

Operating margin26.9%—

Net margin7.4%+2.7pp

FCF margin42%+3.3pp

Returns & leverage

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Return on equity1.4%+0.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The official record: Independence Realty Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independence Realty Trust's share buybacks?: Independence Realty Trust (IRT) reported share buybacks of $29.94M in Q1 2026.
What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.