Dividends & Buybacks ·
Wheeler Real Estate Investment Trust, Inc. filed Articles of Amendment to its charter on August 21, 2026, announcing a…
WHLRDWheeler Real Estate Investment Trust, Inc.
Wheeler Real Estate Investment Trust, Inc. filed Articles of Amendment to its charter on August 21, 2026, announcing a one-for-four reverse stock split of its common stock. The split is effective at 5:00 p.m. Eastern Time on August 26, 2026. Consequently, the par value will decrease from $0.04 to $0.01 per share. Fractional shares resulting from the split will be cashed out based on the closing price on the effective date. Post-split, outstanding common shares are expected to reduce from approximately 3,088,204 to 772,051. The conversion rates for its convertible notes and preferred stock will also be proportionally adjusted. Wheeler Real Estate Investment Trust, Inc. operates in the real estate investment trust industry, focusing on acquiring and managing commercial real estate assets.