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. | |
---|---|---|
+0.91% | 25.44B | |
-21.13% | 12.51B | |
+9.67% | 11.03B | |
-25.23% | 7.71B | |
-10.07% | 6.65B | |
+2.42% | 6.53B | |
-2.35% | 6.37B | |
+1.44% | 3.82B | |
+42.97% | 3.56B |