other material
confidence high
sentiment neutral
materiality 0.10
National Retail Properties to change name to NNN REIT, Inc. on May 1
NNN REIT, INC.
- Board unanimously approved name change to NNN REIT, Inc., effective May 1, 2023.
- Stock trades under new name on NYSE beginning May 8, 2023; ticker NNN unchanged.
- CEO states no change to investment strategy or balance sheet management.
- Company owned 3,411 properties as of Dec 31, 2022; has increased dividends for 33 consecutive years.