AvalonBay Communities Inc (AVB)

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AvalonBay Communities Inc (AVB) Profile

AvalonBay Communities Inc (AVB.xnys) is a real estate investment company headquartered in Arlington, Hopewell, Virginia, United States. AvalonBay owns 79,856 units in New York City, New England, the Washington, D.C. metropolitan area, California and Seattle. AvalonBay is the 3rd largest owner of apartments in the United States. The company acquires, manages, develops and redevelops distinctive apartment homes in some of the best U.S. markets and delivers outsized, risk-adjusted returns to shareholders. AvalonBay employs 3,090 people in more than 275 apartment communities and regional offices in the country’s Mid-Atlantic, Northeast, Pacific Northwest, and Northern and Southern California regions. The AvaloBay Communities Inc stock (AVB) is listed on the New York Stock Exchange (NYSE), had a market capitalisation of $34.86B (USD) as of January 2022 and $2.30B (USD) in 2020 yearly revenues. AvalonBay is acknowledged for its actions to cut emissions, mitigate climate risks, and develop a low-carbon economy.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

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Source - database | Page ID - 706

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