Welcome to our dedicated page for Medalist Diversified Reit news (Ticker: MDRR), a resource for investors and traders seeking the latest updates and insights on Medalist Diversified Reit stock.
Medalist Diversified REIT Inc (MDRR) delivers timely updates on commercial property acquisitions, financial performance, and strategic initiatives in southeastern U.S. markets. This centralized news hub provides investors with essential information about the REIT's flex-industrial assets, retail centers, and hotel property management activities.
Access official press releases detailing quarterly earnings, portfolio expansions, and operational milestones. Our curated news collection features verified updates on property repositioning projects, lease agreements, and market-specific developments across Virginia, North Carolina, and other key operating regions.
Key content includes financial disclosures, asset management updates, and strategic partnership announcements. Bookmark this page for direct access to MDRR's latest retail center renovations, STNL property acquisitions, and UPREIT structure optimizations. Check regularly for new developments impacting this real estate investment trust's market position and income-producing assets.
Medalist Diversified REIT (NASDAQ: MDRR) announced a one-for-ten reverse stock split and a five-for-one forward stock split. Both splits will take effect on July 2, 2024, with trading on a split-adjusted basis starting July 3, 2024, under the new CUSIP number 58403P402. The reverse split will convert every ten shares into one, followed by the forward split which will convert every one share into five. These adjustments will not change any stockholder's ownership percentage, except for minor changes due to cash payments in place of fractional shares. Shareholders will be informed of their new stock ownership details by VStock Transfer , the company's transfer agent.
FAQ
What is the current stock price of Medalist Diversified Reit (MDRR)?
What is the market cap of Medalist Diversified Reit (MDRR)?
