Inland Real Estate Updates Share Repurchase Terms

Stockholders approved director appointments and compensation matters as the firm refined its repurchase structure.

December 29, 2025

Inland Real Estate Income Trust Revises Share Repurchase Program, Concludes Annual Shareholder Meeting

Inland Real Estate Income Trust is making changes that directly affect how and when shareholders can redeem their investments. On December 17, the company’s board approved a revised version of its Share Repurchase Program—its sixth amendment to date. This new structure goes into effect on February 1, 2026, and introduces two categories of repurchases, each with a different pricing model.

Here’s how it breaks down. If a stockholder passes away or becomes disabled, their shares fall under what Inland calls Exceptional Repurchases. These will be bought back at the full per-share net asset value, which is currently $16.89. For most other eligible shareholders—those who have held shares for at least a year—the repurchase price drops to 80% of that value, or $13.51 per share. The board still has the flexibility to determine how many shares are repurchased each quarter, taking into account cash flow and regulatory constraints.

Inland will notify shareholders about the updated program by the end of the year. A summary of the terms was included in the company’s 8-K filing, along with a letter to investors outlining what to expect next.

Key Decisions from the Annual Shareholders Meeting

The repurchase update wasn’t the only business conducted on December 17. The company also reconvened its 2025 annual stockholders meeting and moved forward on several agenda items:

• Two Class I directors— Gwen Henry and Bernard J. Michael —were re-elected for three-year terms.


• Stockholders approved KPMG LLP to continue as the company’s independent auditor through the end of 2025.


• An advisory resolution supporting executive compensation passed.


• Another advisory resolution set an annual frequency for Say-on-Pay votes.

In total, just over 52% of shares were represented by proxy or in person at the meeting.

With these decisions now on record, Inland is reinforcing its approach to shareholder engagement while adjusting its liquidity options to better reflect current market conditions and long-term planning.