Welcome to our dedicated page for Macerich news (Ticker: MAC), a resource for investors and traders seeking the latest updates and insights on Macerich stock.
Macerich (NYSE: MAC), a leading retail-focused real estate investment trust (REIT), provides investors and industry professionals with timely updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments related to the company’s portfolio of premium regional malls and urban retail properties.
This resource offers critical insights into Macerich’s operational milestones, including leasing activity, property redevelopments, and financial performance. Users gain access to verified information on earnings announcements, leadership updates, and market expansion initiatives across key regions like California, New York, and Washington, D.C.
For consistent monitoring of MAC’s retail real estate strategies, bookmark this page or visit regularly. All content is sourced directly from the company and reputable financial publications to ensure accuracy and compliance with regulatory standards.
Metals Acquisition (NYSE: MTAL; ASX: MAC) announces redemption of Public and Private Placement Warrants, aiming to simplify its capital structure and balance sheet. Warrant holders have options to exercise, surrender for cashless redemption, or take no action. The Warrants include Public and Private Placement Warrants to purchase Ordinary Shares, with a redemption price of $0.10 per Warrant. The Company is entitled to redeem Warrants due to the Reference Value exceeding $10.00 per share and being less than $18.00 per share. The Notice of Redemption has been delivered by Georgeson to registered Warrant holders, specifying the deadline for exercise and surrender of Warrants. The Company has decided to redeem the Warrants to remove dilution uncertainty, simplify financial statements, increase liquidity on NYSE and ASX, provide additional free float for inclusion in indices, and simplify the capital structure.
The Macerich Company (NYSE: MAC) has released its First Quarter 2024 Earnings Results and Supplemental Information. The management will hold a conference call to discuss these results on April 30, 2024. Participants can join the call via telephone or webcast.
Metals Acquisition (NYSE: MTAL; ASX: MAC) reported a strong quarter with progress on ASX listing, mine life extension, and solid production despite a power outage. Key highlights include a 67% increase in mine life, 64% increase in contained copper, and 42% increase in copper reserves. The company raised US$214 million in an ASX IPO, repaid US$127 million in liabilities, and had ~US$100 million in liquidity. However, production was down 11% due to power outage and lower grades, leading to an increase in C1 cash costs. Exploration drilling is ongoing, and the company announced a three-year copper production guidance. The CEO highlighted plans for future growth and welcomed a new CFO.