Highlands REIT, Inc. Completes Self-Tender Offer for ~$27.1M

What Happened Highlands REIT, Inc. announced the final results of its previously disclosed self-tender offer to buy back up to 125,000,000 shares at $0.20 per share. The offer expired at 11:59 p.m. (NY time) on September 29, 2026, and was oversubscribed. The company exercised its option to increase purchases by up to 2% of outstanding common stock and accepted 135,380,970.82434 shares for purchase (including 10,380,970.82434 additional shares), for an aggregate cost of approximately $27.1 million. Payment for the accepted shares will be made promptly. Computershare Trust Company, N.A. served as the Depositary and Georgeson LLC acted as Information Agent.

Key Details

• Purchase price: $0.20 per share, net to seller (less applicable withholding taxes).
• Shares accepted: 135,380,970.82434 shares (offer originally for up to 125,000,000 shares).
• Additional shares: 10,380,970.82434 shares accepted under the Company’s ability to buy up to an extra 2% of outstanding shares.
• Aggregate cost and impact: ~ $27.1 million; accepted shares represent ~18.7% of outstanding common stock as of the offer’s start (September 1, 2026).

Why It Matters This buyback is a material capital-allocation action that will reduce Highlands’ outstanding share count by roughly 18.7% (as of the offer start), which can affect per-share metrics (e.g., earnings or funds from operations per share) and ownership percentages for remaining shareholders. The company used cash to execute the repurchase and will complete payment promptly; investors should note this is a final reported result and that the filing contains standard forward-looking statement disclosures.