American Homes 4 Rent launches up to $1.0B ATM equity program

American Homes 4 Rent

Agreement with 12 sales agents and 11 forward sellers/purchasers; shares sold at market or via forward contracts.
Proceeds to repay revolving credit facility, develop new single-family communities, and general corporate use.
Forward sale agreements allow physical, cash, or net-share settlement; no initial proceeds from forward sales.
Shares offered under June 9, 2023 automatic shelf registration statement; commission capped at 2% of gross price.

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