{"id":842513,"date":"2025-04-28T08:48:32","date_gmt":"2025-04-28T12:48:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/"},"modified":"2025-04-28T08:48:32","modified_gmt":"2025-04-28T12:48:32","slug":"easterly-government-properties-completes-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/","title":{"rendered":"Easterly Government Properties Completes Reverse Stock Split"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Easterly Government Properties Completes Reverse Stock Split<\/b><\/p>\n<p>WASHINGTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEasterly Government Properties, Inc. (NYSE: DEA) (the \u201cCompany\u201d or \u201cEasterly\u201d), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company\u2019s common stock (the \u201cCommon Stock\u201d) at a ratio of 1-for-2.5 (the \u201cReverse Stock Split\u201d).\n<\/p>\n<p>\nAt market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the &#8220;NYSE&#8221;). The Common Stock will continue to trade on the NYSE under the symbol &#8220;DEA&#8221; but will trade under a new CUSIP number of 27616P 301.\n<\/p>\n<p>\nAs a result of the Reverse Stock Split, the number of outstanding shares of Common Stock was reduced from approximately 112.3 million shares to approximately 44.9 million shares. The Reverse Stock Split did not affect the number of the Company\u2019s authorized shares of Common Stock.\n<\/p>\n<p>\nThe previously announced quarterly dividend of $0.18 per share of Common Stock for stockholders of record as of May 5, 2025 will now be $0.45 per share after accounting for the Reverse Stock Split.\n<\/p>\n<p>\nEasterly\u2019s stockholders should contact their broker or Easterly\u2019s transfer agent, Computershare, at 1-800-736-3001, for any necessary assistance relating to the Reverse Stock Split.\n<\/p>\n<p>\nOn April 28, 2025, the Company also completed a corresponding 1-for-2.5 reverse split of the partnership units of Easterly Government Properties LP, the Company&#8217;s operating partnership. As a result of such reverse unit split, the number of outstanding partnership units of Easterly Government Properties LP was reduced from approximately 4.9 million units to approximately 2.0 million units.\n<\/p>\n<p>\nFractional shares of Common Stock and partnership units resulting from the Reverse Stock Split and corresponding reverse unit split will be paid in cash based on the trailing average closing price of the Common Stock on the NYSE for a period of three trading days prior to the effective date of the Reverse Stock Split.\n<\/p>\n<p><b>About Easterly Government Properties, Inc.<\/b><\/p>\n<p>\nEasterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government and its adjacent partners. Easterly\u2019s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.easterlyreit.com&amp;esheet=54244048&amp;newsitemid=20250428965265&amp;lan=en-US&amp;anchor=www.easterlyreit.com&amp;index=1&amp;md5=7f71db4c61daf2fe56774622702e3077\">www.easterlyreit.com<\/a><\/span>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250428965265r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250428965265\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250428965265\/en\/<\/a><\/span><\/p>\n<p>\nEasterly Government Properties, Inc.<br \/>\n<br \/>Lindsay S. Winterhalter<br \/>\n<br \/>Senior Vice President, Investor Relations &amp; Operations<br \/>\n<br \/>202-596-3947<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@easterlyreit.com\">IR@easterlyreit.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America District of Columbia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Other Defense Professional Services Contracts Other Construction &amp; Property White House\/Federal Government Commercial Building &amp; Real Estate Defense Construction &amp; Property Building Systems REIT Finance Public Policy\/Government<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250428965265\/en\/562023\/3\/Easterly_Government_Properties_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Easterly Government Properties Completes Reverse Stock Split WASHINGTON&#8211;(BUSINESS WIRE)&#8211; Easterly Government Properties, Inc. (NYSE: DEA) (the \u201cCompany\u201d or \u201cEasterly\u201d), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company\u2019s common stock (the \u201cCommon Stock\u201d) at a ratio of 1-for-2.5 (the \u201cReverse Stock Split\u201d). At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the &#8220;NYSE&#8221;). The Common Stock will continue to trade on the NYSE under the symbol &#8220;DEA&#8221; but will trade under a new CUSIP number of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Easterly Government Properties Completes Reverse Stock Split&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-842513","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Easterly Government Properties Completes Reverse Stock Split - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Easterly Government Properties Completes Reverse Stock Split - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Easterly Government Properties Completes Reverse Stock Split WASHINGTON&#8211;(BUSINESS WIRE)&#8211; Easterly Government Properties, Inc. (NYSE: DEA) (the \u201cCompany\u201d or \u201cEasterly\u201d), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company\u2019s common stock (the \u201cCommon Stock\u201d) at a ratio of 1-for-2.5 (the \u201cReverse Stock Split\u201d). At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the &#8220;NYSE&#8221;). The Common Stock will continue to trade on the NYSE under the symbol &#8220;DEA&#8221; but will trade under a new CUSIP number of &hellip; Continue reading &quot;Easterly Government Properties Completes Reverse Stock Split&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-28T12:48:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250428965265r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Easterly Government Properties Completes Reverse Stock Split\",\"datePublished\":\"2025-04-28T12:48:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/\"},\"wordCount\":506,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250428965265r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-completes-reverse-stock-split\\\/\",\"name\":\"Easterly Government Properties Completes Reverse Stock Split - 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(NYSE: DEA) (the \u201cCompany\u201d or \u201cEasterly\u201d), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company\u2019s common stock (the \u201cCommon Stock\u201d) at a ratio of 1-for-2.5 (the \u201cReverse Stock Split\u201d). At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the &#8220;NYSE&#8221;). The Common Stock will continue to trade on the NYSE under the symbol &#8220;DEA&#8221; but will trade under a new CUSIP number of &hellip; Continue reading \"Easterly Government Properties Completes Reverse Stock Split\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-28T12:48:32+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250428965265r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Easterly Government Properties Completes Reverse Stock Split","datePublished":"2025-04-28T12:48:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/"},"wordCount":506,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250428965265r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-completes-reverse-stock-split\/","name":"Easterly Government Properties Completes Reverse Stock Split - 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