Service Properties Trust (SVC) has completed a 1-for-5 reverse split of its common shares, effective July 6, 2026. This action was implemented through an amendment to its Declaration of Trust and did not require shareholder approval.
Key Details
- Effective Date: The reverse share split was effective at 4:01 p.m. Eastern Time on July 6, 2026.
- Split Ratio: Every five issued and outstanding common shares were converted into one common share. Fractional shares will be paid in cash.
- Share Count Reduction: The number of issued and outstanding common shares was reduced from approximately 647.64 million to approximately 129.53 million.
- New CUSIP: The new CUSIP number for the common shares following the split is 81761L 201.