On April 13, 2022, American Campus Communities, Inc. received a letter on April 11, 2022, from Land & Buildings Investment Management, LLC pursuant to which Land & Buildings withdrew its nomination of an individual for election to the Board of Directors of the Company. In the letter, Land & Buildings stated that based upon the feedback it is hearing from the market, it has renewed faith that the Company is addressing the most important topics it has raised: namely, improving operations, enhancing capital allocation and being open to maximizing value through a sale if the right opportunity presents itself. Land & Buildings added that as a result, it is withdrawing its director nominations.
American Campus Communities, Inc.
Equities
ACC
US0248351001
Real Estate Development & Operations
1st Jan change | Capi. | |
---|---|---|
+3.29% | 26.33B | |
-12.24% | 13.96B | |
+12.55% | 10.98B | |
-24.06% | 7.97B | |
+8.07% | 7.03B | |
-6.37% | 6.99B | |
+4.71% | 6.85B | |
-2.20% | 3.69B | |
+10.42% | 3.52B |