2003 News Releases

  • December 11 - Ventas Completes Sale of Underperforming Facilities to Kindred; Company to Record Gain of $54 Million From Sale; Ventas Reduces Swap Notional Amount to $330 Million
  • December 2 - Ventas Declares Regular Quarterly Dividend of $0.2675 Per Share
  • November 26 - Ventas to Present at Merrill Lynch Health Services Investor Conference On December 3
  • November 20 - Ventas to Acquire ElderTrust in $184 Million Transaction; Transaction Expected to be Accretive to Ventas's 2004 FFO
  • November 5 - Ventas to Sell Ten Facilities to Kindred for $85 Million Total Consideration; Transaction Expected to Close Before Year End
  • November 4 - Ventas to Present at CIBC World Markets Healthcare Conference on November 11
  • October 27 - Ventas Third Quarter FFO Rises 23 Percent to $32.2 Million, Per Share FFO Increases 8 Percent to $0.40 Per Share; Company Increases 2003 FFO Guidance To $1.52 - $1.54 Per Share; Company Increases 2004 FFO Guidance To $1.58 - $1.62 Per Share
  • October 2 - Ventas Announces Third Quarter Earnings Release Date and Conference Call
  • August 15 - Ventas Declares Regular Quarterly Dividend of $0.2675 Per Share
  • August 13 - Ventas Files Form 8-K to Comply with SFAS 145 and Files to Amend Shelf Registration Statement
  • July 23 - Ventas 2nd Quarter FFO Rises 18% to $0.39 Per Share; Ventas to Comply with SFAS 145 Regarding Three Prior Years' Financial Statements
  • July 2 - Ventas Announces Second Quarter Earnings Release Date and Conference Call
  • July 1 - Ventas Completes Sale of 16 Skilled Nursing Facilities to Kindred; Company Raises 2003 FFO Guidance and Reaffirms 2004 FFO Guidance
  • June 5 - Ventas Appoints Thomas C. Theobald to Board of Directors
  • May 28 - Ventas to Present at Annual NAREIT Institutional Investors Forum
    on June 4
  • May 16 - Ventas Declares Regular Quarterly Dividend of $0.2675 Per Share; Stockholders Elect Directors; Ratify E&Y at Annual Meeting
  • May 14 - Ventas Agrees to Sell All Florida and Texas Skilled Nursing Facilities to Kindred Healthcare; Companies Also Agree to Amend Master Leases
  • April 29 - Ventas Reports First Quarter FFO of $0.35 Per Share; 2003 FFO Increases 9 Percent Over 2002 First Quarter
  • April 3 - Ventas Reports Favorable Outcome of Federal Tax Audit; Company Expects to Report Additional $20 Million in Operating Results for the First Quarter 2003
  • April 2 - Ventas to Issue First Quarter 2003 Earnings and Hold Conference Call on April 29, 2003
  • March 27 - Ventas Board Member Gary W. Loveman to Leave Board in May
  • March 11 - Ventas to Present at Salomon Smith Barney REIT CEO Conference on March 17 and Banc of America Securities Healthcare Conference on March 26
  • February 26 - Ventas Reports Fourth Quarter FFO of $0.34 Per Share; 2002 FFO Rose 20 Percent to $1.36 Per Share
  • February 24 - Ventas Increases 2003 1st Quarter Dividend 13% to $0.2675 Per Share; Expected Annual Dividend Rate Increased 13% to $1.07 Per Share
  • January 30 - Ventas Board Appoints Debra A. Cafaro Chairman; W. Bruce Lunsford Resigns to Evaluate Public Service Career; Douglas Crocker II Named Presiding Director
  • January 27 - Ventas to Issue 2002 Annual Earnings and Hold Conference Call on February 26, 2003; Ventas to Present at UBS Warburg Healthcare Conference
  • January 6 - Ventas Sells $50 Million Senior THI Loan to GE Capital; Reduces Debt Balance to $756 Million; Ventas Settles Dispute with Atria