Tanger Inc. Receives 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting

Rhea-AI Summary

Tanger (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has been honored with the 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting.

The award, announced at the REITweek 2024 Investor Conference, recognizes Tanger's outstanding communication and reporting practices. An independent panel judged the company based on its online presence, SEC filings, and investor relations.

Stephen Yalof, CEO of Tanger, expressed pride in their investor engagement program and highlighted the company's commitment to transparency, accessibility, and delivering top-tier shareholder returns.

Positive

• Tanger won the 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting.
• Recognized for outstanding investor communication and reporting practices.
• Independent judges evaluated Tanger based on online presence, SEC filings, and investor relations.
• Tanger delivered industry-leading returns to shareholders last year.
• Enhanced investor engagement program recognized by Nareit.

Negative

• No financial performance metrics or figures were provided in the PR.
• No specific future growth strategies or financial forecasts mentioned.
• The PR does not address any potential risks or challenges facing the company.

GREENSBORO, N.C., June 6, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has been recognized by Nareit, the National Association of Real Estate Investment Trusts, with the 2024 Nareit Investor CARE (Communications and Reporting Excellence) Gold Award in the Small Cap Equity REIT category.

Nareit announced the 2024 Investor CARE Award recipients during its REITweek 2024 Investor Conference this week. This annual awards program recognizes Nareit's listed corporate members that interact most effectively with their investors online, in writing and orally, and that provide investors with the most comprehensive, clearly articulated and useful information in the most efficient manner. An independent panel of judges selected Tanger as the 2024 Gold recipient, the highest level awarded in the program, based on the company's online presence, Securities and Exchange (SEC) filings, and investor relations practices.

"We have prioritized the elevation of our investor engagement program and are honored to have Nareit recognize our efforts," said Stephen Yalof, President and Chief Executive Officer of Tanger. "Tanger's mission is to deliver the best value, experience and opportunity for all of our stakeholders, and we are proud to have delivered industry leading returns to shareholders last year in conjunction with best-in-class transparency and accessibility."

About Tanger®
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and one open-air lifestyle center includes over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit tanger.com.

Media Contact
Kasie Wilson
KWT Global
Tanger@kwtglobal.com  

Investor Relations Contact
Doug McDonald 
SVP, Finance and Capital Markets 
(336) 856-6066 
TangerIR@tanger.com  

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SOURCE Tanger

FAQ

What award did Tanger (SKT) receive in 2024?

Tanger received the 2024 Nareit Investor CARE Gold Award for Excellence in Communications and Reporting.

Why was Tanger (SKT) awarded the 2024 Nareit Investor CARE Gold Award?

Tanger was recognized for its outstanding communication and reporting practices, as evaluated by an independent panel based on its online presence, SEC filings, and investor relations.

When was the 2024 Nareit Investor CARE Gold Award announced?

The award was announced during the REITweek 2024 Investor Conference.

What is the impact of Tanger (SKT) winning the 2024 Nareit Investor CARE Gold Award on shareholders?

Winning the award highlights Tanger's commitment to transparency and accessibility, which can enhance shareholder trust and potentially improve stock performance.