AvalonBay shareholders approve merger with Equity Residential; close expected Aug 17

AVALONBAY COMMUNITIES INC

AvalonBay stockholders approved merger with >99% of votes cast, representing ~90% of outstanding shares.
Each AVB share converts to 2.793 EQR shares; merger expected to close August 17, 2026.
Combined company renamed Vivmark Residential, trading as VMRK on NYSE from August 18, 2026.
Equity Residential shareholders also approved share issuance; both companies announced joint results.
Merger-related compensation and adjournment proposals approved at AvalonBay special meeting.

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