Corporate ActionApr 29, 2026, 05:07 PM
SWDR Reduces Monthly Distribution; Restricts Share Repurchase Plan
AI Summary
Starwood Real Estate Income Trust, Inc. (SWDR) announced a reduction in its monthly distribution to common stockholders, effective for holders of record as of April 30, 2026. Concurrently, the company's board amended its share repurchase plan, significantly restricting repurchases. Effective April 29, 2026, only repurchase requests due to death or qualifying disability, or for accounts below $5,000, will be accepted, each up to a $5 million monthly limit.
Key Highlights
- Starwood Real Estate Income Trust (SWDR) reduced its monthly distribution to common stockholders.
- The reduced distribution applies to holders of record as of April 30, 2026.
- The company's share repurchase plan was amended, effective April 29, 2026.
- Repurchase requests are now limited to cases of death/qualifying disability or accounts below $5,000.
- Each limited repurchase category has a monthly cap of $5 million.
- No other repurchase requests will be accepted under the amended plan.