Macerich closes 14M share forward sale at $23.12; proceeds for acquisitions

MACERICH CO

Forward sale of 14M shares at $23.12325 via Goldman, Deutsche Bank, JPMorgan, Morgan Stanley.
Company expects physical settlement by June 16, 2027; may cash or net share settle.
Net proceeds contributed to operating partnership for acquisitions and general purposes.
Underwriters granted 30-day option to purchase up to 2.1M additional shares.

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