abrdn Global Premier Properties Fund (AWP) Announces Approval of 1-for-3 Reverse Stock Split and Adjustment to Monthly Distribution

Core Viewpoint - The abrdn Global Premier Properties Fund has announced a 1-for-3 reverse stock split to potentially enhance its market price per share, attract a broader range of investors, and improve liquidity [1][2]. Fund Details - The reverse stock split will convert every three shares of the Fund's outstanding common shares into one common share, maintaining the total value of shareholders' investments and the Fund's portfolio [3]. - Post-split, shareholders will have fewer shares but with a higher share price and net asset value per share, preserving their percentage ownership in the Fund [3]. Distribution Adjustments - Following the reverse stock split, the Fund's monthly distribution will increase from $0.04 per share to $0.12 per share, ensuring no change in monthly cash flow to shareholders [4]. Trading Information - The reverse stock split is expected to be completed before the NYSE trading opens on February 9, 2026, with shares continuing to trade under the ticker symbol AWP [5]. - A new CUSIP number will be assigned to the Fund's shares, and no fractional shares will be issued; any resulting fractional shares will be aggregated and sold, with proceeds distributed to shareholders [6]. Company Background - Aberdeen Investments is a major asset management firm with approximately $515 billion in assets under management as of September 30, 2025, and has extensive experience managing closed-end funds [10]. - The firm manages 15 U.S. closed-end funds and 13 non-U.S. closed-end funds, totaling $26.1 billion in assets as of the same date [11].