Realty Income Corp-on Said August 4, Co Entered Into Sales Agreement For Offer And Sale Of Up To 120M Shares Of Co's Common Stock, From Time To Time
Portfolio Pulse from Charles Gross
Realty Income Corp has entered into a sales agreement for the offer and sale of up to 120 million shares of the company's common stock.
August 07, 2023 | 10:17 am
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Realty Income Corp's sales agreement for up to 120 million shares of common stock could potentially dilute existing shares.
The sale of new shares often leads to the dilution of existing shares, which can negatively impact the stock price. However, the actual impact will depend on the demand for these new shares and the overall market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100