8-K filed Oct 27, 2026
Extra Space Storage authorizes $500M for stock buybacks
“On October 15, 2026, the Company's board of directors authorized an updated share repurchase program allowing for the repurchase of shares with an aggregate value up to $500.0 million.”
From Extra Space Storage’s 8-K filed Oct 27, 2026 · read the filing · all documents
How big is it?
Extra Space Storage bought back $142M of stock in the twelve months to Jun 30, 2026. At that pace, $500M covers about 3.5 years of buybacks.
The amount equals 33% of its free cash flow over the same twelve months ($1.5B).
Its diluted share count is up 4.0% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $0 |
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $0 |
| Q4 '24 | $0 |
| Q1 '25 | $0 |
| Q2 '25 | $8.6M |
| Q3 '25 | $0 |
| Q4 '25 | $140.9M |
| Q1 '26 | $1.4M |
| Q2 '26 | $0 |