Kimco Realty is a real estate investment trust (REIT) that focuses on the ownership, operation, and development of open-air shopping centers and mixed-use properties primarily in suburban areas across the United States. The company emphasizes creating vibrant retail environments that cater to everyday needs and enhance community engagement. By strategically acquiring and managing a diverse portfolio of shopping centers, Kimco Realty aims to provide tenants with attractive locations while delivering value to its shareholders through effective property management and development initiatives. Read More
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JERICHO, New York, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its fourth quarter 2024 earnings on Friday, February 7, 2025, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows:
JERICHO, N.Y., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced the final results of its tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security,” and collectively, the “Securities”) representing 1/1,000 of a share of the Company’s 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”), and concurrent consent solicitation (the “Consent Solicitation”) upon the terms and subject to the conditions set forth in the Company's Offer to Purchase and Consent Solicitation, dated November 4, 2024 (as amended or supplemented from time to time, the “Offer to Purchase and Consent Solicitation”). The Offer and Consent Solicitation expired at 5:00 p.m., New York City time, on December 12, 2024.
JERICHO, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that it has waived the condition for the receipt of the Requisite Preferred Shareholder Consents (as defined below), relating to its tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security”, and collectively, the “Securities”) representing 1/1,000 of a share of the Company’s 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”) and concurrent consent solicitation (the “Consent Solicitation”). Previously, acceptance for payment of any Securities in the Offer was conditioned upon the valid tender (without proper withdrawal) of a minimum of at least two-thirds of the outstanding Securities (which represent two-thirds of the outstanding shares of Class N Preferred Stock) (the “Requisite Preferred Shareholder Consents”). The Offer and Consent Solicitation was scheduled to expire on December 4, 2024, at 5:00 p.m., New York City time, and will now expire on December 12, 2024, at 5:00 p.m., New York City time (unless further extended or earlier terminated). You may withdraw any Securities you have tendered at any time before the new expiration date. As set forth in the Company’s Offer to Purchase and Consent Solicitation, dated November 4, 2024, the Company will delay the acceptance for purchase of any and all of your validly tendered and not properly withdrawn Securities until the new expiration date.
JERICHO, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced the commencement of a tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security” and, collectively, the “Securities”) representing 1/1,000 of a share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”).
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JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 million aggregate principal amount of 4.850% notes due 2035 (the “notes”) with an effective yield of 4.873%, maturing March 1, 2035. The notes will be fully and unconditionally guaranteed by the Company. The offering is expected to settle on September 16, 2024, subject to the satisfaction of customary closing conditions.
JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-used properties in the United States, today announced that S&P Global Ratings (“S&P”) revised its rating outlook for KIM to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB+’ Issuer Credit Rating.
