DDR Announces Name Change to SITE Centers
October 09 2018 - 10:00AM
Business Wire
DDR Corp. (NYSE: DDR) today announced plans to change its name
to SITE Centers Corp. as well as a change to the ticker symbol for
common and preferred stock on the New York Stock Exchange ticker to
“SITC” from “DDR” effective with the opening of trading on October
12, 2018.
"Our new brand reflects our mission to drive sustainable growth
by owning and investing in high quality communities and locations,"
said David R. Lukes, President and Chief Executive Officer of SITE
Centers. "We are focused on maximizing the value of our centers by
utilizing our company’s creativity, vision and operating
capabilities to generate compelling returns."
Visitors to www.sitecenters.com may see and experience the new
brand, and learn more about the Company.
SITE Centers will remain an Ohio corporation. No action is
needed from current shareholders in relation to the name or ticker
symbol change.
About SITE Centers
SITE Centers is an owner and manager of open-air shopping
centers that provide a compelling shopping experience and
merchandise mix for retail partners and consumers. The Company is a
self-administered and self-managed REIT operating as a fully
integrated real estate company, and will be publicly traded on the
New York Stock Exchange under the ticker symbol SITC. Additional
information about the Company is available at www.sitecenters.com.
To be included in the Company’s e-mail distributions for press
releases and other investor news, please click here.
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SITE Centers Corp.Matthew Ostrower, 212-755-5500EVP and Chief
Financial Officer
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