Kimco Realty Launches $750M Stock Offering Program to Fuel Growth

Kimco Realty has initiated a $750 million continuous stock offering program to enhance its growth strategy, reflecting strong market confidence in the United States.

• Kimco Realty Corp. plans to sell up to $750 million in shares of its common stock through an at-the-market offering program designed to fund its growth initiatives.
• The program allows Kimco Realty to utilize financial institutions, including BNY Mellon and Nomura Securities, as sales agents and forward sellers to facilitate the stock sales.
• This offering is part of Kimco Realtys strategy to capitalize on the favorable market conditions in the United States, aiming to effectively enhance its investment portfolio.