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Citycon Oyj (CTY1S.HE)

CTY1S.HE on Helsinki Stock Exchange

2.20EUR
7:41am EDT
Change (% chg)

€-0.02 (-0.81%)
Prev Close
€2.22
Open
€2.21
Day's High
€2.21
Day's Low
€2.19
Volume
167,114
Avg. Vol
678,647
52-wk High
€2.39
52-wk Low
€1.98

Latest Key Developments (Source: Significant Developments)

Citycon decides on a quarterly distribution
Wednesday, 22 Mar 2017 09:58am EDT 

Citycon Oyj : Citycon decided on a quarterly distribution .Decided dividend of 0.01 euro per share be distributed from retained earnings and an equity repayment of 0.0225 euro per share be distributed from invested unrestricted equity fund.  Full Article

Citycon sells non-core property in Norway
Tuesday, 28 Feb 2017 03:00am EST 

Citycon Oyj : Sells non-core property Lade in Trondheim, Norway, to Frost Holding AS . Purchase price amounts to about 21 million euros ($22.21 million) .Transaction is expected to close in early March.  Full Article

Citycon Q4 net rental income down at EUR 55.9 mln
Thursday, 9 Feb 2017 02:00am EST 

Citycon Oyj : Q4 net rental income 55.9 million euros ($59.66 million) versus 57.5 million euros year ago . Q4 EPRA earnings 37.9 million euros versus 34.4 million euros year ago . Board recommends that the maximum amount of dividend to be distributed shall not exceed 0.01 euro per share .Expects its direct operating profit to change by loss 7 million to profit 12 million euros and EPRA earnings to change by loss 13 million to profit 5 million euros from 2016.  Full Article

Citycon decides on quarterly distribution of equity repayment
Tuesday, 20 Dec 2016 07:50am EST 

Citycon Oyj : Says decided on quarterly distribution .Equity repayment of 0.0375 euro per share be distributed from invested unrestricted equity fund of company.  Full Article

Citycon successfully places EUR 350 million bond
Wednesday, 31 Aug 2016 03:11am EDT 

Citycon Oyj : Said on Tuesday had successfully placed Eurobond of 350 million euros ($389.73 million) . Said 10-year guaranteed bond matures on Sept. 8, 2026 and carries fixed annual interest at rate of 1.25 pct, payable annually on Sept. 8 .CFO Eero Sihvonen said "We are pleased with success of this placement that was more than 6 times oversubscribed".  Full Article

Citycon successfully places EUR 350 million bond
Tuesday, 30 Aug 2016 10:00am EDT 

Citycon Oyj : Said on Tuesday had successfully placed Eurobond of 350 million euros ($389.73 million) . Said 10-year guaranteed bond matures on Sept. 8, 2026 and carries fixed annual interest at rate of 1.25 pct, payable annually on Sept. 8 .CFO Eero Sihvonen said "We are pleased with success of this placement that was more than 6 times oversubscribed".  Full Article

Citycon intends to issue eurobond
Tuesday, 30 Aug 2016 03:15am EDT 

Citycon Oyj : Intends to issue euro denominated guaranteed bond in amount of up to 350 million euros ($390.85 million) . Expected maturity of bond would be 10 years . Bond would be offered mainly to European, including Nordic, institutional investors through book building procedure .Net proceeds from any potential bond issue would mainly be used to partially repay and/or refinance citycon group's existing indebtedness.  Full Article

NCC sells share of Finnish project company to Citycon for 750 mln SEK
Wednesday, 10 Aug 2016 05:30am EDT 

NCC AB : NCC sells share of finnish project company to Citycon . Says purchase price for NCC's portion of jointly owned project company is approximately SEK 750 m. .Says sale will have a positive impact on earnings in ncc property development business area in Q3 of 2016.  Full Article

Citycon: Chairman buys 24,775 units at EUR 2.2 per unit
Tuesday, 9 Aug 2016 07:30am EDT 

Citycon Oyj :Chairman Chaim Katzman bought 24,775 units at 2.2 euros per unit in Citycon Oyj.  Full Article

Citycon Q2 EPRA earnings rise; 2016 outlook specified
Thursday, 14 Jul 2016 02:00am EDT 

Citycon Oyj : Q2 net rental income 57.0 million euros ($63.32 million) versus 42.6 million euros year ago . Q2 EPRA earnings increased by 8.4 million euros or 27.9 pct, to 38.7 million euros . Specifies 2016 earnings guidance . Forecasts 2016 direct operating profit to change by 17 million to 26 million euros (previously 16 million - 30 million euros) from previous year . Sees 2016 EPRA earnings to change by 11 million to 20 million euros (previously 9 million - 23 million euros) from previous year . Sees EPRA EPS (basic) to be 0.1575-0.1725 euros (previously 0.155-0.175 euros) . Says specified outlook acknowledges impact of non-core portfolio divestment in Finland, weaker Norwegian crown and impact of metro delay in Iso Omena .Believes there have been no material changes to key risk areas outlined in annual and sustainability report 2015.  Full Article

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BRIEF-Citycon decides on a quarterly distribution

* Decided dividend of 0.01 euro per share be distributed from retained earnings and an equity repayment of 0.0225 euro per share be distributed from invested unrestricted equity fund Source text for Eikon: