eXp Parent AGNT Completes 32 Million Dollar Share Repurchase from Gratitude Trust
AGNT, Inc., parent of eXp Realty, said it completed on September 14, 2026, the repurchase of 8,693,290 shares of common stock from Frank Selden as trustee of the Gratitude 2022 Trust for an aggregate purchase price of about 31.99 million dollars, or 3.68 dollars per share.
The deal closed under a stock purchase agreement dated September 3, 2026. AGNT said the trust sold the shares to meet time-sensitive tax and estate administration requirements following the death of Penny Sanford.
The repurchase reduces shares outstanding and was disclosed in a Form 8-K as a completed other event following the earlier agreement filing.
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