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CBRE Global Real Estate Income Fund conducts 1-for-3 stock consolidation
The CBRE Global Real Estate Income Fund has approved a 1-for-3 stock consolidation expected to take effect on or about September 8, 2026, before the NYSE opens. Three outstanding common shares will be combined into one common share; total assets, the portfolio and investors’ proportional value will remain unchanged. The CUSIP will change from 12504G100 to 12504G878, and the monthly distribution will be adjusted from $0.06 to $0.18 per share, with no change to investors’ monthly cashflow. Fractional shares will be sold and the proceeds, net of costs, distributed pro rata. The action aims to broaden the investor base, improve liquidity and reduce trading costs. » Altro su de.investing.com
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