Purchases made pursuant to the share repurchase program will be made from time to time in the open market or in privately negotiated transactions in compliance with applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing and amounts of any purchases will be determined by the Company, in its discretion, and will depend on a variety of factors, including share prices, market conditions, capital availability, regulatory requirements and other factors. The Company expects to repurchase shares primarily using proceeds from the future sales of properties. The Company cannot predict the timing of such property sales and it therefore cannot predict the timing, price and amount of share repurchases under the program.
Forward-Looking Statements
This press release contains statements that are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as 'may,' 'will,' 'should,' 'potential,' 'intend,' 'expect,' 'seek,' 'anticipate,' 'estimate,' 'approximately,' 'believe,' 'could,' 'would,' 'project,' 'predict,' 'forecast,' 'continue,' 'plan' or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company's control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy, supply and demand in the single-family rental industry and other factors as are described in greater detail in the Company's filings with the
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SOURCE
INVESTOR CONTACT: American Residential Properties, Inc., Shant Koumriqian, Chief Financial Officer, ir@americanresidentialproperties.com, 480-474-4800, or MEDIA CONTACT: Financial Profiles, Inc., Beth Sackovich, bsackovich@finprofiles.com, 310-622-8237
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