| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
LXP Industrial Trust ("LXP") (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced it completed a reverse split of its common shares at a ratio of 1-for-5.
After the close of business on November 10, 2025, the effective date of the reverse share split, each share of LXP's issued and outstanding common shares was reclassified into 1/5th of a common share. As a result of the reverse share split, the number of outstanding common shares was reduced from approximately 295.8 million shares to approximately 59.2 million shares. The reverse share split will affect all shareholders proportionally and will not affect any shareholder's ownership percentage of LXP common shares, except for minor changes resulting from the payment of cash for fractional shares.
As of market open on November 11, 2025, LXP's common shares will commence trading on a split-adjusted basis on the New York Stock Exchange (the "NYSE"). The common shares will continue to trade on the NYSE under the symbol "LXP" but will trade under a new CUSIP number (529043408).
The previously announced quarterly dividend of $0.14 per common share for shareholders of record as of December 31, 2025 will be $0.70 per share after accounting for the 1-for-5 reverse share split.
Posted In: LXP
