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Rithm Property Trust approves 1-for-6 reverse stock split
2025-12-20 05:40
- Rithm Property Trust (RPT) announced board approval of a one-for-six reverse stock split of its common stock.
- The reverse stock split is expected to take effect on December 30, 2025.
- Outstanding common shares will be reduced from ~45.4M to about 7.6M.
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