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O
Realty Income Reports Q4 2024 Financial Results and Announces Share Repurchase Program
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8-K
Summary
Realty Income Corporation reported financial results for the three months and year ended December 31, 2024. For Q4 2024, the company reported net income of $199.6 million, or $0.23 per share, and AFFO of $1.05 per share. The company invested $1.7 billion in Q4 and raised $947.8 million from the sale of common stock. In February 2025, the Board authorized a share repurchase program for up to $2.0 billion in shares. CEO Sumit Roy highlighted the company's 14th consecutive year of annual AFFO per share growth.
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