May 02, 2018
SANTA MONICA, Calif., May 2, 2018 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended March 31, 2018, which included net loss attributable to the Company of $33.6 million or $.24 per share-diluted for the quarter ended March 31, 2018 compared to net income attributable to the Company for the quarter ended March 31, 2017 of $69.2 million or $.48 per share-diluted. For the first quarter, 2018, funds from operations ("FFO") diluted was $123.5 million or $.82 per share-diluted compared to $133.6 million or $.87 per share-diluted for the quarter ended March 31, 2017. A description and reconciliation of EPS per share-diluted to FFO ...
April 27, 2018
SANTA MONICA, Calif., April 27, 2018 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.74 per share of common stock. The dividend is payable on June 1, 2018 to stockholders of record at the close of business on May 8, 2018.
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.
Macerich currently owns 53 million square feet of real estate consisting primarily of interests in 48 regiona...
April 26, 2018
Scott Kingsmore to become Chief Financial Officer
SANTA MONICA, Calif., April 26, 2018 /PRNewswire/ -- The Macerich Company (NYSE: MAC) (the "Company") today announced that Thomas O'Hern will be appointed to the role of Chief Executive Officer of the Company, effective as of January 1, 2019. Mr. O'Hern will succeed Arthur Coppola, who is retiring from his role as Chief Executive Officer effective as of December 31, 2018. Mr. O'Hern currently serves as the Company's Senior Executive Vice President, Chief Financial Officer and Treasurer and will continue to serve in that role until his appointment to the role of Chief Executive Officer. The Company also announce...
April 20, 2018
SANTA MONICA, Calif., April 20, 2018 /PRNewswire/ --
WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2018 Earnings Release
WHEN: Earnings Results will be released after market close on Wednesday, May 2, 2018. Management will hold a conference call at 11:00 am Pacific Time (2:00 pm Eastern Time) on Thursday, May 3, 2018 to discuss quarterly results.
WHERE: Interested parties can listen to a live webcast of the call on the Macerich website at www.macerich.com (Investing Section).
Dial-In Number: Toll-Free 1-866-548-4713 or International 1-323-794-2093
Conference ID # 3268258
WHO: Arthur Coppola, Chairman and CEO, Thomas O'Hern, Senior Executiv...