Corporate ActionMay 8, 2026, 06:13 AM
Realty Income to Offer Up to 150M Shares of Common Stock
AI Summary
Realty Income Corporation entered into a sales agreement on May 7, 2026, to offer and sell up to 150,000,000 shares of its common stock. The sales will be conducted through various agents, acting as sales agents or principals, and by Forward Sellers on behalf of Forward Purchasers. Transactions may occur on the New York Stock Exchange, at market prices, or through privately negotiated deals, including block sales. The agreement also allows for the company to enter into separate forward sale agreements, including contingent and non-contingent forms.
Key Highlights
- Realty Income entered a sales agreement on May 7, 2026.
- Company to offer and sell up to 150,000,000 shares of common stock.
- Sales will be made through agents or directly to agents as principal.
- Forward Sellers will also sell shares for Forward Purchasers.
- Sales can occur on NYSE, at market prices, or via private transactions.
- Company may enter into separate Forward Sale Agreements.
- Contingent and Non-Contingent Forward Sale Agreements are contemplated.