abrdn Global Premier Properties Fund (AWP) approved 1-for-3 reverse stock split, effective Jan 21, 2026 via PRNewswire.
On January 21, 2026, the abrdn Global Premier Properties Fund (NYSE: AWP), a closed-end fund based in Philadelphia, disclosed a significant update. The Fund's Board of Trustees greenlit a 1-for-3 reverse stock split concerning its common shares. The decision, backed by both the Board of Trustees and Aberdeen, was made with the intention of boosting the value of each share. The reverse stock split is a strategic move aimed at enhancing shareholder value and overall market appeal.
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