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Simon Buyback

OLI recorded this information on 2/12/2019

Company: Simon
Buyback: SPG buyback
$Amount Authorized: $2,000,000,000
Buyback Details: Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced that the Company's Board of Directors authorized a new common stock repurchase program. Under the new program, the Company may purchase up to $2 billion of its common stock over the next 24 months, as market conditions warrant. The shares may be repurchased in the open market or in privately negotiated transactions. This new $2 billion program replaces the previous program that had been scheduled to expire on March 31, 2019 of which approximately $633 million was available.

Simon Property Group operates as a self-administered and self-managed real estate investment trust. Simon Property Group, L.P. is Co.'s majority-owned Delaware partnership subsidiary that owns all of its real estate properties and other assets. Co. owns, develops and manages shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets®, and The Mills® in United States as well as internationally including Puerto Rico, Asia, Europe and Canada. Co. also owned equity stake in Klepierre SA, a Paris-based real estate company, which owns, or has an interest in, shopping centers in Europe.

Simon Property Group SEC Filing Email Alerts Service

Preferred: SPG.PRJ

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Company Name:  Simon Property Group, Inc.
Stock buyback:  SPG buyback
Sector:  REITs
Number of ETFs Holding SPG:  114
Total Market Value Held by ETFs:  $3.48B
Total Market Capitalization:  $22.67B
% of Market Cap. Held by ETFs:  15.34%

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September 18, 2020    12:41 PM Eastern
Quotes delayed 20 minutes

Hold (2.50 out of 4)
15th percentile
(ranked lower than approx. 85% of all stocks covered)
Based on Zacks ABR data;
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