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News  ›  GlobeNewswire Inc.

Kimco Realty® Announces $750 Million ATM Equity Offering Program and $750 Million Stock Repurchase Program

GlobeNewswire Inc. Logo GlobeNewswire Inc. By David F. Bujnicki
Kimco Realty® Announces $750 Million ATM Equity Offering Program and $750 Million Stock Repurchase Program

Kimco Realty announced a $750 million 'at the market' equity offering program and a $750 million stock repurchase program, intending to use proceeds for general corporate purposes like acquisitions, development costs, and debt reduction.

Insights
NMHI   positive

Gained exclusive rights to advanced carbon credit tokenization technology, enhancing their environmental management platform and market positioning in Asia


KIM   neutral

The company is executing a strategic financial maneuver to raise capital and provide flexibility for future investments and debt management, indicating proactive financial planning without strong positive or negative implications