HighGravityData

Extra Space Storage — Jul 28, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001289490-26-000048
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Additional bridge loans closed subsequent to quarter end or under agreement to close
“$86.3 million”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Additional bridge loans closed subsequent to… for FY2026
“$86.3 million”
Stock repurchase program authorization for FY2026
“$349.0 million”
Dilution per share from C of O and value add… for FY2026
“$0.17”
Weighted average one-month SOFR for FY2026
“3.73%”
Acquisitions for FY2026
“$300,000,000”
Bridge loans outstanding for FY2026
“$1,475,000,000”
Weighted average share count for FY2026
“221,000,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
Bridge Loans: During the three months ended June 30, 2026, the Company originated $140.6 million in bridge loans. Outstanding balances of the Company's bridge loans were approximately $1.5 billion at the end of the quarter. The Company has an additional $86.3 million in bridge loans that have closed subsequent to quarter end or are under agreement to close in 2026. Additional details related to the Company's loan activity and balances held are included in the supplemental financial information published on the Company’s Investor Relations website at https://ir.extraspace.com/. Property Management: As of June 30, 2026, the Company managed 1,964 stores for third-party owners and 409 stores owned in unconsolidated joint ventures, for a total of 2,373 stores under management. The Company is the largest self-storage management company in the United States. Balance Sheet: During the three months ended June 30, 2026, the Company did not issue any shares on its ATM program, and as of June 30, 2026, the Company had $800.0 million available for issuance. Likewise, the Company did not repurchase any shares of common stock using its stock repurchase program during the quarter. As of June 30, 2026, the Company had authorization to purchase up to $349.0 million under the program. On June 24, 2026, the Company priced a public bond offering issuing $550.0 million aggregate principal amount of 4.90% unsecured senior notes due 2032. As of June 30, 2026, the Com
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.