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SITE Centers Approves 1-for-4 Reverse Stock Split

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SITE Centers Approves 1-for-4 Reverse Stock Split

Jul 15, 2024 4:42 AM

07:31 AM EDT, 07/15/2024 (MT Newswires) -- SITE Centers ( SITC ) said on Monday that its Board has approved a one-for-four reverse stock split of the company's common shares.

The company said the shareholders will receive cash instead of fractional shares.

It added that the split-adjusted common shares are expected to commence trading on the New York Stock Exchange on Aug. 19.

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