Brixmor Property Group Announces $400 Million Share Repurchase Program and Equity Distribution Agreements

Brixmor Property Group Inc. announced on October 28, 2025, that its Board of Directors authorized a new $400 million share repurchase program, replacing the existing $400 million program set to expire on November 1, 2025. The new program is scheduled to expire on October 28, 2028, unless suspended or extended by the Board. Repurchases may be made at management’s discretion through various means, including open market transactions, privately negotiated transactions, or accelerated stock repurchase programs, subject to compliance with existing debt agreements. Additionally, the company entered into separate Equity Distribution Agreements with several sales agents, allowing the company to sell up to $400 million of common stock through these agents. The shares will be sold pursuant to a prospectus supplement filed with the SEC on October 28, 2025. The company intends to use the net proceeds for general corporate purposes.