Realty Income said it plans to redeem all 6,900,000 outstanding shares of its 6.000% Series A Cumulative Redeemable Preferred Stock on September 30, 2024, according to a press release issued on August 28, 2024.

1. 01

   Realty Income said it plans to redeem all 6,900,000 outstanding shares of its 6.000% Series A Cumulative Redeemable Preferred Stock on September 30, 2024, according to a press release issued on August 28, 2024.

2. 02

   The company set the redemption price at $25.00 per share and said it will pay a total of about $25.375 per share, which includes approximately $0.375 in accrued and unpaid dividends up to but excluding the redemption date.

3. 03

   The company said September 30, 2024 will be the final dividend payment date, with the dividend record date set at the close of business on September 13, 2024. Only holders of record on that record date will be entitled to the dividend payable on the redemption date.

4. 04

   The company said this Form 8-K/A (Amendment No. 1) amends and restates Item 8.01 of the original Form 8-K filed on August 28, 2024 in its entirety, and that the rest of the original filing remains unchanged.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.