Realty Income Corporation (O) filed an 8-K on November 7, 2025, announcing the termination of its previous At-The-Market (ATM) program and the establishment of a new Sales Agreement. This new agreement authorizes the sale of up to 150,000,000 shares of Common Stock through sales agents or Forward Sale Agreements. Proceeds are designated for general corporate purposes, including debt repayment, hedging activities, and funding property development and acquisitions.
Key terms of the ATM program include agent compensation capped at 2.0% of the gross sales price. Sales are structured under existin
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