Global Medical REIT Inc. Announces the Approval of a $50 Million Common Stock Repurchase Program and One-for-Five Reverse Stock Split
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the âCompanyâ or âGMREâ), today announced that its Board of Directors (the âBoardâ) approved a $50 million common stock repurc...
What historical performance has GMRE shown following similar buyback or reverse split announcements, and can that inform expected market reaction?
Are there any regulatory or tax considerations for shareholders related to the reverse split and share repurchase that could affect afterâtax returns?
How might the reverse split affect the REIT's dividend yield and the ability to maintain its current distribution rate?
11 days ago