Office Pptys Income Tr Stock Price, News & Analysis

Office Properties Income Trust (OPI) has released its financial results for the second quarter of 2024. The detailed report is available on the company's website under the Quarterly Results section. OPI will host a conference call on Thursday, August 1, 2024, at 10:00 a.m. Eastern Time to discuss the Q2 results. Investors can access the call by dialing (877) 328-1172 (US) or (412) 317-5418 (international). A replay will be available for one week, and a live audio webcast will be accessible on OPI's website. The company has not provided specific financial figures or performance metrics in this press release, directing stakeholders to their website for detailed information.

Industrial Logistics Properties Trust (Nasdaq: ILPT) has released its financial results for the second quarter of 2024, ending June 30. The detailed results are available on the company's website under the Quarterly Results section. ILPT will host a conference call on Wednesday, July 31, 2024, at 10:00 a.m. Eastern Time to discuss these results. Investors can access the call by dialing (877) 418-4826 or (412) 902-6758 for international callers. A replay will be available for one week. Additionally, a live audio webcast of the call will be accessible on ILPT's website, with an archived version available for replay afterwards.

Office Properties Income Trust (Nasdaq: OPI) has announced its regular quarterly cash distribution of $0.01 per common share. This equates to an annual distribution of $0.04 per share. The dividend will be paid to shareholders of record as of July 22, 2024, with the payment date set for August 15, 2024.

Industrial Logistics Properties Trust (Nasdaq: ILPT) has declared a regular quarterly cash distribution of $0.01 per common share, totaling $0.04 annually. Shareholders who hold ILPT common shares by the close of business on July 22, 2024, will receive the payment on or about August 15, 2024.

Office Properties Income Trust (OPI) will release its Q2 2024 financial results on July 31, 2024, after the Nasdaq market close. The company will host a conference call on August 1, 2024, at 10:00 a.m. Eastern Time to discuss the results. The call will be led by President and COO Yael Duffy, along with CFO and Treasurer Brian Donley. Participants in the US can dial (877) 328-1172, and international participants can use (412) 317-5418. A replay will be available until August 8, 2024. The live audio webcast and replay can be accessed on www.opireit.com.

Industrial Logistics Properties Trust (Nasdaq: ILPT) announced it will release its Q2 2024 financial results after the Nasdaq closes on July 30, 2024. A conference call to discuss these results will be held on July 31, 2024, at 10:00 a.m. Eastern Time, led by President and COO Yael Duffy, CFO Tiffany Sy, and VP Marc Krohn. The call is accessible via (877) 418-4826 for US and Canada participants or (412) 902-6758 for international callers, with no pass code required. Participants should dial in 15 minutes early. A replay will be available until 11:59 p.m. on August 7, 2024, by dialing (412) 317-0088 with pass code 4118140. A live and archived audio webcast will be available on the company’s website, www.ilptreit.com.

Industrial Logistics Properties Trust (ILPT) will be added to the Russell 3000® Index at the close of the U.S. equity markets on June 28, 2024. This inclusion is part of the 2024 Russell U.S. Indexes annual reconstitution, effective after market close. The preliminary list of additions was posted by FTSE Russell on June 21, 2024. This addition could enhance ILPT's visibility and attract more investors, potentially impacting its stock performance positively.

Office Properties Income Trust (Nasdaq: OPI) announced the final results of its private exchange offers for senior unsecured notes. The offers were to exchange notes due in 2025, 2026, 2027, and 2031 for new 9.000% Senior Secured Notes due 2029. The aggregate principal amount of notes accepted for exchange totaled $865.2 million, with $567.4 million in new notes expected to be issued. The exchange offers expired on June 17, 2024, and the settlement date is anticipated to be June 20, 2024. The new notes and related guarantees are not registered under the Securities Act of 1933 and come with transfer restrictions. Only qualified institutional buyers and certain non-U.S. persons were eligible to participate.

Office Properties Income Trust (Nasdaq: OPI) announced a Support Agreement with certain noteholders. This agreement pertains to its private exchange offers, allowing the exchange of outstanding senior unsecured notes due between 2025 and 2031 for new 9.000% Senior Secured Notes due 2029. As part of this, approximately $432 million in notes will be exchanged, and 1,433,169 shares of OPI common stock will be issued. The expiration date for the exchange offers has been extended to June 17, 2024. Participation to date includes $413.7 million in tenders of existing notes. The new notes and related guarantees will not be registered under the Securities Act.