American Healthcare REIT down after beginning stock offering
10/08/2026 21:20
BUZZ-American Healthcare REIT down after beginning stock offering ** Shares of American Healthcare REIT AHR.N down 1.9% to $54.43 post-market after planned equity raise news
** Senior housing and skilled nursing facilities operator commences 13.25 mln share offering on a forward sale basis
** Co expects to enter into 24-month forward sale agreements with bookrunners Morgan Stanley, Citigroup and KeyBanc
** Upon settlement of agreements, it expects to use net proceeds for a pending acquisition, potential future investments and general purposes
** Irvine, California-based firm has ~218 mln shares outstanding
** AHR closed down 2.2% at $55.47 on Mon, trimming YTD gain to 18%
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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