HighGravityData

Rexford Industrial Realty — Oct 15, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001571283-25-000051
Open on SEC.gov ↗
Showing in the filing
Stock repurchase program authorization
“$500.0 million”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 22
Stock repurchase program authorization
“$500.0 million”
Dividend for Q4 FY2025
“$0.43 per share”
Dividend per share, common stock for Q4 FY2025
“$0.43 per share”
Quarterly dividend per share, Series B Cumul… for Q4 FY2025
“$0.367188 per share”
Quarterly dividend of Series B Cumulative Re…
“$0.367188 per share”
Quarterly dividend per share, Series C Cumul… for Q4 FY2025
“$0.351563 per share”
Quarterly dividend of Series C Cumulative Re…
“$0.351563 per share”
Net Income Attributable to Common Stockholde… for Q3 FY2025
“$1.44 - $1.46”
Net Income Attributable to Common Stockholde… for Q2 FY2025
“$1.38 - $1.42”
Company share of Core FFO per diluted share for Q3 FY2025
“$2.39 - $2.41”
Core FFO per diluted share for FY2025
“$2.39-$2.41”
Company share of Core FFO per diluted share for Q2 FY2025
“$2.37 - $2.41”
Same Property Portfolio NOI Growth — Net Eff… for Q3 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Net Eff… for Q2 FY2025
“0.75% - 1.25%”
Same Property Portfolio NOI Growth — Cash for Q3 FY2025
“3.75% - 4.25%”
Same Property Portfolio NOI Growth — Cash for Q2 FY2025
“2.25% - 2.75%”
Average Same Property Portfolio Occupancy (F… for Q3 FY2025
“+/- 96.0%”
Average Same Property Portfolio Occupancy (F… for Q2 FY2025
“95.5% - 96.0%”
General and Administrative Expenses for Q3 FY2025
“+/- $82M”
General and Administrative Expenses for Q2 FY2025
“+/- $82M”
Net Interest Expense for Q3 FY2025
“+/- $105M”
Net Interest Expense for Q2 FY2025
“+/- $107M”
Exhibit 99.1 · the passage around this item
… earlier in the release
During the third quarter of 2025, the Company repurchased 3,883,845 shares of its common stock under its stock repurchase programs at a weighted average price of $38.62 per share for a total cost of $150.0 million. In addition, the Company's Board of Directors authorized a new $500.0 million stock repurchase program, which supersedes and replaces the prior $300.0 million program. As of September 30, 2025, $450.0 million remained available under the $500 million program. During the third quarter of 2025, the Company repaid its $100.0 million unsecured senior note bearing interest at 4.29% with cash on hand. As of September 30, 2025, the Company had $3.3 billion of outstanding debt, with an average interest rate of 3.7%, and no floating rate debt exposure. The average term-to-maturity of the Company’s outstanding debt is 3.5 years with no significant debt maturities until 2027. Dividends On October 13, 2025, the Company’s Board of Directors authorized a dividend in the amount of $0.43 per share for the fourth quarter of 2025, payable in cash on January 15, 2026, to common stockholders and common unit holders of record as of December 31, 2025. On October 13, 2025, the Company’s Board of Directors authorized a quarterly dividend of $0.367188 per share of its Series B Cumulative Redeemable Preferred Stock and a quarterly dividend of $0.351563 per share of its Series C Cumulative Redeemable Preferred Stock, payable in cash on December 31, 2025, to preferred stockholders of
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.