Abrdn Global Premier Properties Fund Announces 1-For-3 Reverse Stock Split, Effective Feb. 9

abrdn Global Premier Properties Fund +0.62%

abrdn Global Premier Properties Fund

AWP

11.37

+0.62%

abrdn Global Premier Properties Fund (NYSE:AWP) (the "Fund"), a closed-end fund, announced today that its Board of Trustees approved a 1-for-3 reverse stock split of its common shares.

The Board of Trustees and Aberdeen believe that increasing the Fund's market price per share through the reverse stock split may broaden the range of potential investors, thereby potentially improving the Fund's liquidity and reducing transaction costs associated with buying and selling shares in the secondary market.