{"id":975989,"date":"2026-06-25T16:53:08","date_gmt":"2026-06-25T20:53:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-announcesfive-for-one-reverse-split-of-its-common-shares\/"},"modified":"2026-06-25T16:53:08","modified_gmt":"2026-06-25T20:53:08","slug":"service-properties-trust-announcesfive-for-one-reverse-split-of-its-common-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-announcesfive-for-one-reverse-split-of-its-common-shares\/","title":{"rendered":"Service Properties Trust AnnouncesFive-for-One Reverse Split of its Common Shares"},"content":{"rendered":"

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Service Properties Trust Announces<\/b>Five-for-One Reverse Split of its Common Shares<\/b><\/p>\n

NEWTON, Mass.–(BUSINESS WIRE<\/a>)–Service Properties Trust (Nasdaq: SVC)<\/a> today announced that its Board of Trustees has approved a five-for-one reverse split of SVC\u2019s issued and outstanding common shares. The reverse split is anticipated to become effective after the close of trading on or about July 6, 2026, subject to the completion of regulatory approvals and processes. As of the effective time of the reverse share split, each five shares of SVC\u2019s issued and outstanding common shares will be reclassified into one common share. As a result of the reverse share split, the number of outstanding common shares will be reduced from approximately 647.7 million shares to approximately 129.5 million shares.<\/p>\n

\nThe reverse share split will affect all shareholders proportionally and will not affect any shareholder\u2019s ownership percentage of SVC common shares, except for minor changes resulting from the payment of cash in lieu of the issuance of fractional shares. The company\u2019s common shares will continue to trade on the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) under the symbol \u201cSVC\u201d, but with a new CUSIP number of 81761L 201. SVC\u2019s regular quarterly cash distribution on its common shares is expected to remain at a rate of $0.05 per share ($0.20 per share per year), which is unchanged from previous distribution levels after giving effect to the pending five-for-one reverse share split.<\/p>\n

\nShareholders should contact their broker or SVC\u2019s transfer agent, Equiniti Trust Company, LLC, for any necessary assistance relating to the reverse share split after the effective time.<\/p>\n

About Service Properties Trust<\/b><\/p>\n

\nService Properties Trust is a real estate investment trust with over $10 billion invested in two asset categories: service-focused retail net lease properties and hotels. As of March 31, 2026, SVC owned 761 service-focused retail net lease properties with over 13.6 million square feet throughout the United States, and 93 hotels with over 21,000 guest rooms throughout the United States, including Puerto Rico, and Canada. SVC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of March 31, 2026, and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA.<\/p>\n

WARNING CONCERNING FORWARD-LOOKING STATEMENTS<\/span><\/b><\/p>\n

\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon SVC\u2019s present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond SVC\u2019s control.<\/p>\n

\nFor example:<\/p>\n