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Stockholders' Equity / Partners' Capital
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Stockholders' Equity / Partners' Capital
10. Stockholders’ Equity / Partners’ Capital
As of September 30, 2024, BXP had 157,979,898 shares of Common Stock outstanding.
As of September 30, 2024, BXP owned 1,762,427 general partnership units and 156,217,471 limited partnership units in BPLP.
On May 17, 2023, BXP renewed its “at the market” (“ATM”) stock offering program through which it may sell from time to time up to an aggregate of $600.0 million of its Common Stock through sales agents over a three-year period. Under the ATM stock offering program, BXP may also engage in forward sale transactions with affiliates of certain sales agents for the sale of its Common Stock on a forward basis. This program replaced BXP’s prior $600.0 million ATM stock offering program that was scheduled to expire on May 22, 2023. BXP intends to use the net proceeds from any offering for general business purposes, which may include investment opportunities and debt reduction. No shares of Common Stock have been issued under this ATM stock offering program.
During the nine months ended September 30, 2024, BXP issued 951,881 shares of Common Stock in connection with the redemption of an equal number of redeemable OP Units from limited partners.
The following table presents BXP’s dividends per share and BPLP’s distributions per OP Unit and LTIP Unit paid or declared in 2024 and during the nine months ended September 30, 2023:
Record DatePayment DateDividend (Per Share)Distribution (Per Unit)
September 30, 2024October 31, 2024$0.98 $0.98 
June 28, 2024July 31, 2024$0.98 $0.98 
March 28, 2024April 30, 2024$0.98 $0.98 
December 29, 2023January 30, 2024$0.98 $0.98 
September 29, 2023October 31, 2023$0.98 $0.98 
June 30, 2023July 31, 2023$0.98 $0.98 
March 31, 2023April 28, 2023$0.98 $0.98 
December 30, 2022January 30, 2023$0.98 $0.98