Power REIT Announces One-for-Ten Reverse Stock Split

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2026.05.19 21:30
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Power REIT announced a one-for-ten reverse stock split effective June 2, 2026, reducing ten existing shares to one. The split will not change aggregate shareholder value and is set to streamline the capital structure. Trading on a split-adjusted basis will begin on June 3, 2026, under the PW ticker. The move does not require shareholder approval and maintains ownership and voting rights.