Regency Ctrs Corp - REG STOCK NEWS

Regency Centers Corporation (NASDAQ: REG) will release its First Quarter 2023 earnings results on May 4, 2023, after the market close. This announcement will be followed by an earnings conference call on May 5, 2023, at 11:00 a.m. ET. The details of the call, including dial-in numbers and a webcast link, are provided for investors. Regency Centers is recognized as a leading REIT focused on owning and operating shopping centers in suburban areas with strong demographics, featuring a diverse portfolio that includes top grocers and retailers. More details can be found on their Investor Relations website.

On March 21, 2023, Regency Centers Corporation (Nasdaq: REG) announced key leadership promotions effective March 13, 2023. Barry Argalas is now Managing Director, Transactions, overseeing acquisitions and strategic portfolio transactions. Terah Devereaux has been promoted to Senior Vice President, Chief Accounting Officer, responsible for accounting operations and compliance. Patrick McKinley is now Senior Vice President, Senior Market Officer, managing 47 assets across Florida. Abe Pacetti becomes Senior Vice President, Investments - Texas, contributing to significant developments in Houston. CEO Lisa Palmer praised their extensive experience and commitment to the company.

Regency Centers Corporation (Nasdaq: REG) has announced that CEO Lisa Palmer will present at the 2023 Citi Global Property CEO Conference on March 7, 2023, at 1:40 PM ET. This presentation will cover key insights about the company, which is a leading owner and operator of shopping centers in suburban areas.

The live presentation can be accessed through a provided webcast link. A replay will be available for a year after the event.

Regency Centers Corporation (REG) reported strong financial results for Q4 and full year 2022, highlighting a net income of $0.56 per diluted share for Q4, up from $0.39 in 2021. For the full year, net income was $2.81 per share, compared to $2.12 in 2021. Nareit FFO for Q4 was $1.05 per share, with a full year total of $4.10. The company's Same Property NOI grew by 5.8% in Q4 and 6.3% year-over-year. Regency's board declared a quarterly dividend of $0.65, payable on April 5, 2023. The company also authorized a new $250 million share repurchase program. 2023 guidance suggests a net income per share range of $1.92 to $2.00.

Regency Centers Corporation (Nasdaq: REG) announced the federal income tax treatment of its 2022 distributions to common stockholders. Shareholders received a total distribution of $3.15000 per share, with $2.52900 allocated as ordinary dividends. Specifically, for distributions of $0.62500 on January 5, 2022, $0.07300 was reported for tax year 2022. Additionally, the $0.65000 distribution on January 4, 2023, had $0.58100 reported for 2022, with the remainder for 2023. The company clarifies that tax treatment may vary year to year, and shareholders are advised to consult their tax advisors for personalized guidance.

Regency Centers Corporation (NASDAQ: REG) will announce its Fourth Quarter 2022 earnings results on February 9, 2023, after market close. An earnings conference call is scheduled for February 10, 2023, at 11:00 a.m. ET, with a webcast available for investors. Regency Centers is a leading owner, operator, and developer of shopping centers, focusing on suburban areas with strong demographics. As a self-administered REIT and member of the S&P 500 Index, the company emphasizes its commitment to high-quality properties that connect with local communities.

Regency Centers Corporation (Nasdaq: REG) announced its Q3 2022 financial results, reporting a net income of $87.6 million or $0.51 per diluted share, down from $117.4 million in Q3 2021. Nareit FFO was $174.2 million ($1.01 per share), compared to $192.6 million previously. The company raised its 2022 Nareit FFO guidance to $4.00-$4.03 per share and Core Operating Earnings guidance to $3.75-$3.78 per share, marking a year-over-year increase. Regency's Same Property NOI grew 2.6%. Following the period, the Board declared a 4% dividend increase to $0.65 per share.

Regency Centers Corporation announced the appointment of Kristin A. Campbell to its Board of Directors, effective January 15, 2023. Campbell, currently the Executive Vice President and Chief ESG Officer at Hilton Worldwide, will enhance the Board's expertise in consumer-driven businesses and ESG strategy. With her addition, the Board will expand to twelve directors. Campbell brings extensive experience from her tenure at Hilton and Staples, where she held leadership positions in legal and governance.