Easterly announced that its Board of Directors approved a 1-for-2.5 Reverse Stock Split of the Company’s issued and outstanding shares of common stoc. The Reverse Stock Split is expected to take effect on April 28, 2025, whereby every one share will be issued for every two and a half outstanding shares of Common Stock. Once the Reverse Stock Split goes into effect, the announced dividend of $0.18 will become $0.45.
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