Edition:
United States

Macerich Co (MAC.N)

MAC.N on New York Stock Exchange

63.80USD
25 Apr 2017
Change (% chg)

$0.02 (+0.03%)
Prev Close
$63.78
Open
$63.89
Day's High
$64.11
Day's Low
$63.36
Volume
265,586
Avg. Vol
306,322
52-wk High
$92.00
52-wk Low
$62.14

Latest Key Developments (Source: Significant Developments)

Macerich Co declares two special dividends
Monday, 2 Nov 2015 06:00am EST 

Macerich Co:Says On October 30, 2015 the Board of Directors of The Macerich Company declared two special dividends each of $2.00 per share of common stock.First dividend is payable on December 8 to stockholders of record date as on November 12.Second dividend is payable on January 6, 2016 to stockholders of record at the close of business on November 12.  Full Article

Macerich Co announces its quarterly dividend
Friday, 23 Oct 2015 08:00am EDT 

Macerich Co:Declares an increase in its quarterly dividend.Increases quarterly cash dividend by 4.4 percent to $0.68 per share.  Full Article

Macerich Co reaffirms FY 2015 FFO guidance
Wednesday, 7 Oct 2015 04:30pm EDT 

Macerich Co:Reaffirms its previously provided FY 2015 FFO per share guidance range of $3.86 to $3.94.  Full Article

Macerich announces joint ventures on assets valued at $5.4 billion
Wednesday, 30 Sep 2015 05:45pm EDT 

Macerich Co :Announces joint ventures on assets valued at $5.4 billion.Says gic will have a 40% interest in five assets and heitman will have a 49% interest in three assets.Says planning to put financing on south plains mall and twenty ninth street center.Reached deal to form jvs to which co will contribute interests in 8 assets with cash proceeds to Macerich totaling $2.3 billion.Says will refinance the debt on Washington square, los Cerritos center and arrowhead towne center.Use of the proceeds is expected to include share repurchases under the company's $1.2 billion share repurchase program.Included in the total cash proceeds is macerich's share of the excess financing proceeds which is estimated to be $1.14 billion.Use of proceeds expected to include pay down of line of credit debt balance, for special dividend in range of $3.50-$4.50 per share.  Full Article

Macerich announces $1.2 billion share repurchase program
Wednesday, 30 Sep 2015 05:30pm EDT 

Macerich Co :Announces $1.2 billion share repurchase program.Board authorized the repurchase of up to $1.2 billion of its outstanding common shares over the next 24 months as market conditions warrant.  Full Article

Macerich Declares Quarterly Dividend
Friday, 24 Jul 2015 04:15pm EDT 

Macerich Co:Declared a quarterly cash dividend of $.65 per share of common stock.Dividend is payable on September 8, 2015 to stockholders of record at the close of business on August 20, 2015.  Full Article

Macerich Co raises FY 2015 FFO guidance
Thursday, 23 Jul 2015 08:00am EDT 

Macerich Co:Says that the management is increasing its previously provided FFO per share guidance range to $3.86 to $3.94 up from $3.83 to $3.93 for FY 2015.  Full Article

More From Around the Web

BRIEF-Macerich announces $500 mln share repurchase program

* Usage of this repurchase program is not anticipated to change recently issued 2017 earnings guidance Source text for Eikon: Further company coverage: