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Taubman Centers Inc (TCO.N)

TCO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Taubman Centers CEO's 2017 Compensation Was $3 Million
Friday, 27 Apr 2018 06:45pm EDT 

April 27 (Reuters) - Taubman Centers Inc ::TAUBMAN CENTERS INC SAYS CEO ROBERT TAUBMAN'S 2017 TOTAL COMPENSATION WAS $3 MILLION VERSUS $4.9 MILLION IN 2016 - SEC FILING.TAUBMAN CENTERS INC SAYS ROBERT AND WILLIAM TAUBMAN FORFEITED A SIGNIFICANT PORTION OF THEIR BASE SALARY IN 2017.TAUBMAN CENTERS INC SAYS 2017 STOCK AWARDS FOR ROBERT TAUBMAN AND WILLIAM TAUBMAN WERE FORFEITED AND CANCELLED IN DECEMBER 2017.  Full Article

Land & Buildings Sends Letter To Taubman Centers Shareholders
Thursday, 26 Apr 2018 09:00am EDT 

April 26 (Reuters) - Taubman Centers Inc ::LAND & BUILDINGS SENDS LETTER TO TAUBMAN CENTERS SHAREHOLDERS.LAND & BUILDINGS - URGE TAUBMAN CENTERS SHAREHOLDERS VOTE IN FAVOR OF PROPOSAL TO ELIMINATE DUAL-CLASS VOTING SHARE STRUCTURE.LAND & BUILDINGS SAYS SENT LETTER TO TAUBMAN CENTERS SHAREHOLDERS REGARDING ITS NOMINATION OF JONATHAN LITT FOR ELECTION TO TAUBMAN BOARD.LAND & BUILDINGS SAYS IF JONATHAN LITT IS ELECTED TO TAUBMAN CENTERS BOARD, HE WOULD INTRODUCE A MOTION TO SPLIT CHAIRMAN AND CEO ROLES.  Full Article

Taubman Centers reports Q3 FFO per share $0.77​
Wednesday, 1 Nov 2017 04:15pm EDT 

Nov 1 (Reuters) - Taubman Centers Inc :Taubman Centers Inc issues third quarter results.Taubman Centers Inc - ‍company is updating its 2017 eps and ffo guidance​.Taubman Centers Inc - ‍2017 FFO is now expected to be in range of $3.49 to $3.59 per diluted common share​.Taubman Centers Inc - ‍company is reaffirming its previous 2017 adjusted FFO guidance​.Taubman Centers Inc - qtrly ‍funds from operations (ffo) per diluted common share $0.77​.FY2017 FFO per share view $3.72 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.89 -- Thomson Reuters I/B/E/S.Taubman Centers Inc - qtrly ‍adjusted funds from operations (adjusted ffo) per diluted common share $0.83​.Taubman Centers Inc - ‍for quarter, comparable center noi was down 1.3 percent​.  Full Article

Taubman announces reopening date for The Mall of San Juan
Tuesday, 17 Oct 2017 02:14pm EDT 

Oct 17 (Reuters) - Taubman Centers Inc ::Says Mall of San Juan will reopen on October 19; center had been closed since Sept 19 due to impact of Hurricane Maria​.  Full Article

Taubman comments on ISS and Glass Lewis reports
Tuesday, 23 May 2017 01:55pm EDT 

May 23 (Reuters) - Taubman Centers Inc ::Taubman comments on ISS and Glass Lewis reports.Believe ISS, Glass Lewis "have erred" by not recommending shareholders vote for all of Taubman's director nominees.Says Taubman shareholders are urged to use white proxy card to vote "for" all three of company's director nominees.Says "believes simultaneously removing chairman and CEO as well as lead director would be damaging to function of board".  Full Article

Taubman Centers qtrly adjusted FFO per share $0.79
Thursday, 28 Jul 2016 04:15pm EDT 

Taubman Centers Inc : Qtrly earnings per share average rent per square foot for quarter was $62.61, up 5.4 percent from $59.41 in comparable period last year . Qtrly earnings per share leased space in comparable centers was 96.2 percent on June 30, 2016, down 0.8 percent from june 30, 2015 . Qtrly earnings per share 2016 ffo is now expected to be in range of $3.75 to $3.90 per diluted common share . Taubman centers inc says 2016 adjusted ffo is now expected to be in range of $3.50 to $3.65 per diluted common share . Q2 FFO per share view $0.98 -- Thomson Reuters I/B/E/S . Q3 FFO per share view $0.91 -- Thomson Reuters I/B/E/S . Taubman Centers, Inc. Issues second quarter results . Qtrly adjusted FFO per share $0.79 . Qtrly earnings per share ending occupancy in comparable centers was 93.8 percent on June 30, 2016, up 0.8 percent from June 30, 2015 . Qtrly earnings per share 2016 eps is now expected to be in range of $1.73 to $1.93 per diluted common share .Fy2016 FFO per share view $3.80 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Taubman Centers Inc Urges Shareholders To Vote “For” Taubman Centers’ Director Nominees

* TAUBMAN CENTERS INC URGES SHAREHOLDERS TO VOTE “FOR” TAUBMAN CENTERS’ DIRECTOR NOMINEES AND “AGAINST” L&B CAPITAL’S PROPOSAL - SEC FILING