---
schema_version: "secwatch.filing_event.v1"
accession: "0001687229-26-000048"
form_type: "8-K"
ticker: "INVH"
cik: "0001687229"
company_name: "Invitation Homes Inc."
filed_at: "2026-09-09T20:30:08+00:00"
generated_at: "2026-09-09T20:31:29.486620+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Invitation Homes touts $700M buyback at 36% discount to home values; Jul-Aug blended rent growth +3.2%

## Summary
- $700M of stock repurchased since Dec 2025 at $26.72 avg/sh; $300M remaining on $1B authorization; 4.3% of shares bought back.
- Implied value per home ~$294K at $29 stock price, a 36% discount to ~$460K August YTD avg disposition price.
- Jul-Aug 2026 blended rental rate growth +3.2%; occupancy 96.4% (down from 97.1% in 2Q26); renewals +4.3%, new leases +0.3%.
- FY26 disposition guidance raised to $850M; YTD dispositions $740M, avg price ~$460K/home vs ~$278K avg buyback price.
- Same Store NOI growth +64.3% since 2017 IPO vs AMH +57.0%; 5.4x net debt/EBITDA; $1.5B+ liquidity; no maturities before June 2027.

## SEC filing metadata
- accession: 0001687229-26-000048
- form_type: 8-K
- ticker: INVH
- cik: 0001687229
- company_name: Invitation Homes Inc.
- filed_at: 2026-09-09T20:30:08+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1687229/000168722926000048/0001687229-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1687229/000168722926000048/invh-20260909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001687229-26-000048
- JSON: https://secwatch.observer/filing/0001687229-26-000048.json
- Plain text: https://secwatch.observer/filing/0001687229-26-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
