CBRE Global Real Estate Income Fund announces 1-for-3 reverse stock split

Reuters2026/08/26 09:25

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CBRE Global Real Estate Income Fund set a 1-for-3 reverse stock split, effective around Sept. 8, 2026 before NYSE trading.
Monthly distribution to reset to USD 0.18 per share from USD 0.06, intended to keep shareholder cash flow unchanged.
Reverse split aims to lift the market price per share, potentially widening the investor base, improving liquidity, lowering trading costs.
Fractional shares will not be issued; resulting fractions will be sold on the NYSE with cash proceeds paid pro rata.
Shares will keep trading under ticker IGR; CUSIP will change to 12504G878 from 12504G100.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBRE Global Real Estate Income Fund published the original content used to generate this news brief via Business Wire (Ref. ID: 202608251635BIZWIRE_USPR_____20260825_BW300024) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CBRE Global Real Estate Income Fund announces 1-for-3 reverse stock split

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