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Easterly Government Properties Completes Reverse Stock Split

1. Easterly completed a 1-for-2.5 reverse stock split on April 2. 2. This move aims to adjust share price and attract investors.

Stock Split
+147.19%Current Return
VS
+0.7%S&P 500
$8.1804/28 08:22 AM EDTEvent Start
$20.2204/29 02:50 PM EDTLatest Updated
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FAQ

Why Bullish?

Reverse stock splits can create a perception of stability. Historical examples show that companies like Priceline thrived post-split.

How important is it?

The reverse split indicates potential strategic shifts, impacting investors' confidence and perception.

Why Short Term?

Immediate perception can influence stock price; longer-term effects depend on business performance.

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PLNTAMZN
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company's common stock (the “Common Stock”) at a ratio of 1-for-2.5 (the “Reverse Stock Split”). At market open on April 2.

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