SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): March 8, 2023
AMERICAN TOWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
116 Huntington Avenue
Boston, Massachusetts 02116
(Address of Principal Executive Offices) (Zip Code)
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common Stock, $0.01 par value|| AMT||New York Stock Exchange|
|1.375% Senior Notes due 2025||AMT 25A||New York Stock Exchange|
|1.950% Senior Notes due 2026||AMT 26B||New York Stock Exchange|
|0.450% Senior Notes due 2027||AMT 27C||New York Stock Exchange|
|0.400% Senior Notes due 2027||AMT 27D||New York Stock Exchange|
|0.500% Senior Notes due 2028||AMT 28A||New York Stock Exchange|
|0.875% Senior Notes due 2029||AMT 29B||New York Stock Exchange|
|0.950% Senior Notes due 2030||AMT 30C||New York Stock Exchange|
|1.000% Senior Notes due 2032||AMT 32||New York Stock Exchange|
|1.250% Senior Notes due 2033||AMT 33||New York Stock Exchange|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On March 8, 2023, David E. Sharbutt notified the Corporate Secretary of American Tower Corporation (the “Company”) of his decision to not stand for re-election at the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”). Mr. Sharbutt’s decision to not stand for re-election did not involve any disagreements with the Company. Mr. Sharbutt is currently a member of the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of the Company and will continue his service on such committee until the Annual Meeting.
Item 8.01 Other Events.
On March 9, 2023, the Company issued a press release (the “Press Release”) announcing that the Board declared a cash distribution of $1.56 per share on shares of the Company’s common stock, payable on April 28, 2023 to the stockholders of record at the close of business on April 14, 2023.
A copy of the Press Release is filed herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|AMERICAN TOWER CORPORATION|
|Date:||March 9, 2023||By:||/s/ Rodney M. Smith|
|Rodney M. Smith|
|Executive Vice President, Chief Financial Officer and Treasurer|
Contact: Adam Smith
Senior Vice President, Investor Relations
Telephone: (617) 375-7500
AMERICAN TOWER CORPORATION DECLARES QUARTERLY DISTRIBUTION
BOSTON, MASSACHUSETTS - March 9, 2023 - American Tower Corporation (NYSE: AMT) today announced that its board of directors has declared its quarterly cash distribution of $1.56 per share on shares of the Company’s common stock. The distribution is payable on April 28, 2023 to the stockholders of record at the close of business on April 14, 2023.
About American Tower
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 225,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2022, under the caption “Risk Factors.” The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.