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Power REIT ( (PW) ) has issued an announcement.
On May 19, 2026, Power REIT announced that its board approved a one-for-ten reverse stock split of its common shares, following an earlier board decision disclosed on May 19, 2025. The reverse split is scheduled to take effect at 5:00 p.m. Eastern on June 2, 2026, reducing every ten existing shares to one and consolidating the share count without changing aggregate shareholder value.
Power REIT’s shares are expected to begin trading on a split-adjusted basis on the NYSE American under the PW ticker with a new CUSIP on June 3, 2026, with no fractional shares issued and cash paid in lieu of fractions. The move, which does not require shareholder approval and leaves relative ownership and voting rights largely intact, is set to streamline the capital structure and may influence the stock’s trading dynamics, while operational control remains with the board under Maryland law.
More about Power REIT
Power REIT (ticker: PW) is a specialized real estate investment trust focused on sustainable real estate, with a portfolio diversified across controlled environment agriculture such as greenhouses, solar farm land and railroad transportation assets. The NYSE American-listed trust targets long-term, infrastructure-like cash flows from these niche, sustainability-oriented property segments.
Average Trading Volume: 34,571
Technical Sentiment Signal: Sell
Current Market Cap: $2.17M
Learn more about PW stock on TipRanks’ Stock Analysis page.