Macerich prices 14,000,000-share public stock offering at $23.9 per share

Macerich Company

Macerich Company

MAC

0.00
  • Macerich priced an underwritten public offering of 14,000,000 common shares at USD 23.9 per share via forward sale agreements.
  • Forward purchasers are expected to borrow and sell the shares in the offering; Macerich expects physical settlement no later than June 16, 2027.
  • Underwriters hold a 30-day option for up to 2,100,000 additional shares, with additional forward sale agreements expected if exercised.
  • No proceeds expected at pricing; cash, if any, would be received on future settlement to fund acquisitions and general corporate purposes.
  • Offering expected to close June 17, 2026, subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Macerich Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606152106PRIMZONEFULLFEED9747494) on June 16, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.