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United States

Macerich Co (MAC.N)

MAC.N on New York Stock Exchange

67.21USD
24 Feb 2017
Change (% chg)

$-0.11 (-0.16%)
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Mon, Feb 13 2017

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:

BRIEF-Macerich reports Q4 FFO per share $1.17

* Macerich co - sees 2017 diluted FFO per share $3.90 - $4.00

BRIEF-Macerich announces the sale of two centers

* Transaction resulted in net proceeds to Macerich of approximately $100 million after repayment of a floating-rate note on northgate

BRIEF-Macerich increases quarterly cash dividend by 4.4 pct

* Increases quarterly cash dividend by 4.4 percent to $0.71 per share Source text for Eikon: Further company coverage:

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