e8vk

0000950134-07-007611.txt : 20070405 0000950134-07-007611.hdr.sgml : 20070405 20070405123059 ACCESSION NUMBER: 0000950134-07-007611 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070404 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070405 DATE AS OF CHANGE: 20070405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAMDEN PROPERTY TRUST CENTRAL INDEX KEY: 0000906345 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 766088377 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12110 FILM NUMBER: 07751187 BUSINESS ADDRESS: STREET 1: 3 GREENWAY PLAZA STREET 2: SUITE 1300 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7133542500 MAIL ADDRESS: STREET 1: 3 GREENWAY PLAZA STREET 2: SUITE 1300 CITY: HOUSTON STATE: TX ZIP: 77046 8-K 1 d45331e8vk.htm FORM 8-K e8vk

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 4, 2007

CAMDEN PROPERTY TRUST

(Exact name of Registrant as Specified in Charter)


Texas	1-12110	76-6088377

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

Three Greenway Plaza, Suite 1300, Houston, Texas 77046
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (713) 354-2500

Not applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On April 4, 2007, Camden Property Trust (the “Company”) announced that its Board of Trust Managers had approved the repurchase of up to $250 million of the Company’s common shares. The Shares may be acquired through open market purchases, block purchases and privately negotiated transactions at such times and in such amounts deemed appropriate by the Company. This program has no expiration date and may be terminated at any time. The press release relating to this matter is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.


Exhibit
Number		Title
99.1		Press Release, dated April 4, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 5, 2007


	CAMDEN PROPERTY TRUST
	By:	/s/ Dennis M. Steen

		Dennis M. Steen Senior Vice President - Finance, Chief Financial Officer and Secretary

EXHIBIT INDEX


Exhibit
Number		Title
99.1		Press Release, dated April 4, 2007.

EX-99.1 2 d45331exv99w1.htm PRESS RELEASE exv99w1

Exhibit 99.1

CAMDEN PROPERTY TRUST ANNOUNCES
STOCK REPURCHASE PROGRAM

Houston, TEXAS (April 4, 2007) — Camden Property Trust (NYSE:CPT) today announced that its Board of Trust Managers has approved the repurchase of up to $250 million of its common shares. Shares may be acquired through open market purchases, block purchases and privately negotiated transactions at such times and in such amounts deemed appropriate by the Company.

“We are pleased to have adopted a new stock repurchase program,” said Richard Campo, Camden’s Chairman and Chief Executive Officer. “Several years ago, Camden repurchased nearly $250 million of its common stock when we believed our shares were trading below net asset value. Having a new program in place will allow us to capitalize on any future repurchase opportunities that may arise.”

The Company expects to fund any share repurchases with proceeds from asset sales and borrowings under its unsecured line of credit. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements and other market conditions. Camden’s stock repurchase program has no expiration date and may be terminated at any time without prior notice.

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management’s beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.

Camden Property Trust is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 187 properties containing 64,096 apartment homes geographically dispersed across the United States from Washington DC to Southern California. Upon completion of 13 properties under development, the Company’s portfolio will increase to 68,317 apartment homes in 200 properties.

For additional information, please contact Camden’s Investor Relations Department at (800) 922-6336 or (713) 354-2787, or access our website at www.camdenliving.com.