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Kite Realty Group Trust (NYSE:KRG) announced that Dave Buell, Senior Vice President and Chief Accounting Officer, has notified the company of his intention to resign. According to a statement made in a recent SEC filing, Buell’s resignation will become effective November 21, 2025.
The company stated that Buell has not expressed any disagreements with Kite Realty Group regarding any matter, including accounting-related policies or issues. No further details on the reasons for his departure were provided in the filing. The company maintains strong financial health, with InvestingPro data showing a comfortable current ratio of 1.86, indicating solid liquidity.
Kite Realty Group Trust is a real estate investment trust headquartered in Indianapolis, Indiana. The information in this article is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.
In other recent news, Kite Realty Group reported its second-quarter 2025 earnings, significantly exceeding earnings per share (EPS) forecasts. The company posted an EPS of $0.50, far surpassing the anticipated $0.0672, resulting in a surprising 644.05% increase. Despite the impressive EPS figures, the company faced investor concerns due to revenue shortfalls and other market factors. Additionally, KeyBanc has reiterated its Overweight rating on Kite Realty Group, maintaining a price target of $31.00. The research firm highlighted the company’s strong execution in areas such as leasing and balance sheet management. These developments reflect recent activities and evaluations of Kite Realty Group’s financial performance and strategic initiatives.
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