Realty Income Announces Full Redemption of its Series A Preferred Stock
ORealty Income(O) Prnewswire·2024-08-28 20:13

SAN DIEGO, Aug. 28, 2024 /PRNewswire/ -- Realty Income Corporation ("Realty Income"), The Monthly Dividend Company®, (NYSE: O), today announced that it intends to redeem all 6,900,000 shares outstanding of the company's 6.000% Series A Cumulative Redeemable Preferred Stock (NYSE: O PR) (the "Series A Preferred Stock"), which was converted from Spirit Realty Capital, Inc.'s outstanding preferred stock in connection with the merger, on September 30, 2024.The shares will be redeemed at $25.00 per share, plus a ...