Dividends & Buybacks ·
SITE Centers announces $3.00 per share special dividend and voluntary NYSE de-listing
SITCSITE Centers Corp.
SITE Centers Corp. announced a special cash distribution of $3.00 per common share payable on November 5, 2026. The company also provided notice to the New York Stock Exchange of its plan to voluntarily delist its common shares prior to trading commencing on December 4, 2026, after which shares will trade in the over-the-counter market. Additionally, SITE Centers reported a third-quarter net loss of $5.4 million, or $0.10 per diluted share, and noted that it does not expect to have REIT taxable income in 2026. The company continues to divest assets, having sold properties for approximately $223.8 million year-to-date. SITE Centers Corp. is a self-administered real estate investment trust focused on retail shopping centers.