Fcpt outlines $100M share repurchase plan amid thinner investment spreads (NYSE:FCPT)

Four Corners Property Trust, Inc. (FCPT) filed an SEC Form 8-K — Results of Operations and Financial Condition. FCPT Announces Third Quarter 2026 Financial and Operating Results MILL VALLEY, CA – October 28, 2026 / Business Wire – Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three and nine months ended September 30, 2026.

Four Corners Property Trust (FCPT) acquired 120 properties for $326.3M in Q3 2026, with a 6.6% initial cash yield. Q3 rental revenue rose 13.8% YoY to $150.9M. Net income was $28.8M, or $0.28 per share. AFFO per share grew 2.9% YoY to $0.46. FCPT's portfolio is 99.5% occupied with a 6.7-year average lease term. The company has $350M in liquidity and a $100M share repurchase program.

Four Corners Property Trust, Inc. (FCPT) filed an SEC Form 8-K — Results of Operations and Financial Condition. FCPT Announces Second Quarter 2026 Financial and Operating Results MILL VALLEY, CA – July 29, 2026 / Business Wire – Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three and six months ended June 30, 2026. Managem

Four Corners Property Trust (NYSE:FCPT) said it will acquire two Arby’s properties for $3.4 million. The assets are in Indiana and Kentucky and are corporate-operated under long-term triple-net leases with about seven years remaining. The deal was priced at a 6.8% cap rate on rent, excluding transaction costs.

Shell (SHEL) announced a $5 billion share buyback. The company's dividend yield is 2.91%, with strong cash flow coverage. BP (BP) and TotalEnergies (TTE) also increased payouts, with yields of 4.16% and 4.36% respectively. TotalEnergies has the highest yield and strongest balance sheet among the three.

Microsoft plans to raise $25 billion in a US bond sale, its first in over nine years, according to a source. The sale, managed by Wells Fargo, JPMorgan, and UBS, will fund AI investments. Microsoft shares fell 1.2% after the news, despite a positive cloud sales outlook. The company expects positive free cash flow through June 2027.