SplitJul 6, 2026, 05:27 PM
Service Properties Trust Completes 1-for-5 Reverse Stock Split
AI Summary
Service Properties Trust announced a 1-for-5 reverse stock split of its common shares, effective July 6, 2026. This action converted every five outstanding common shares into one, reducing the total number of issued and outstanding shares from approximately 647.64 million to 129.53 million. The par value was temporarily adjusted and then reverted to $0.01 per share, and a new CUSIP number was issued.
Key Highlights
- Service Properties Trust effected a 1-for-5 reverse stock split.
- The reverse split was effective on July 6, 2026, at 4:01 p.m. Eastern Time.
- Every five common shares were converted into one common share.
- Par value changed from $0.01 to $0.05, then back to $0.01 per share.
- Outstanding common shares reduced from approximately 647.64 million to 129.53 million.
- New CUSIP number for common shares is 81761L 201.
Price Impact
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