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  "documentTitle": "Howard Hughes Holdings Inc. (HHH)",
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  "authorName": "William Ackman",
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  "presentationDate": "2025-02-18 00:00:00",
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      "text": "Since May 1, 2017, PSH has, from time to time, engaged in share repurchases whereby its buyback agent has repurchased Public Shares subject to certain limitations. Any positive impact on performance due to these share buybacks is reflected herein.",
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      "text": "Indebtedness does not include, among other things, NAV attributable to any management shares or hedging obligations or other derivative transactions and any obligation to return collateral posted by counterparties in respect thereto.",
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      "text": "All information provided herein is for informational purposes only and should not be deemed as a recommendation to buy or sell any security mentioned. This presentation contains information and analyses relating to some of the Pershing Square Funds' positions. Pershing Square hereby disclaims any duty to provide any updates or changes to the information contained here including, without limitation, the manner or type of any Pershing Square Fund's investment.",
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