Company: INVH
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001687229-25-000051
Chunk: 118

Company: Invitation Homes Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 118
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 directors authorized a share repurchase program under which we may acquire shares of our common stock in the open market or negotiated transactions up to an aggregate purchase price of $500.0 million. Repurchases under the Share Repurchase Program, if any, will be made at our discretion and are not required or guaranteed. The timing and actual number of shares repurchased will depend on a variety of factors, including price, corporate and regulatory requirements, market conditions, and other liquidity needs and priorities. The Share Repurchase Program does not have an expiration date.

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Other

Our ability to access capital as well as to use cash from operations to continue to meet our liquidity needs, all of which are highly uncertain and cannot be predicted, could be affected by various risks and uncertainties, including, but not limited to, the effects of general economic conditions, including inflation and interest rates, as detailed in Part I. Item 1A. “Risk Factors” of our Annual Report on Form 10-K.

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Long-Term Debt Strategy

The following table summarizes certain information about our debt obligations as of September 30, 2025 ($ in thousands): 

Debt Instruments(1)Balance (Gross of Retained Certificates and Unamortized Discounts)Balance (Net of Retained Certificates)Weighted Average Interest Rate(2)Weighted Average Years to Maturity(3)Amount Freely Prepayable (Gross)Secured:IH 2017-1(4)$988,013 $932,513 4.23%1.7$— IH 2019-1(5)400,385 400,386 3.59%5.7— Total secured1,388,398 $1,332,899 4.04%2.8— Unsecured:2024 Term Loan Facility(6)$1,750,000 S + 85 bps3.9$1,750,000 2022 Term Loan Facility(6)(7)725,000 S + 85 bps4.6725,000 Revolving Facility(6)— S + 78 bps3.9— Unsecured Notes — May 2028150,000 2.46%2.7— Unsecured Notes — November 2028600,000 2.30%3.1— Unsecured Notes — August 2030450,000 5.45%4.