Financing ·
Macerich raises $48.56M from additional forward sale agreements for 2.1M shares at $23.12 per share
MACMacerich Co
The Macerich Company entered into additional forward sale agreements on June 23, 2026, following the underwriters' full exercise of a 30-day option to purchase 2,100,000 additional shares of common stock at $23.12325 per share. The company expects to physically settle the agreements to receive cash proceeds by June 16, 2027. Macerich is a real estate investment trust that owns and operates high-quality shopping malls and mixed-use properties.