Global Medical REIT Approves $50 Million Stock Repurchase Program, 1-for-5 Reverse Stock Split-March 2024-www.financetom.com

Global Medical REIT Approves $50 Million Stock Repurchase Program, 1-for-5 Reverse Stock Split

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Global Medical REIT Approves $50 Million Stock Repurchase Program, 1-for-5 Reverse Stock Split

Aug 13, 2025 2:38 PM

05:13 PM EDT, 08/13/2025 (MT Newswires) -- Global Medical REIT ( GMRE ) said late Wednesday its board approved a $50 million stock buyback program and a one-for-five reverse stock split of its common shares.

The reverse stock split is effective at 5 pm on Sept. 19, and the company's shares will trade on a split-adjusted basis at market open on Sept. 22, it said.

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