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LXP Industrial Trust Completes Reverse Share Split
Globenewswire· 2025-11-10 22:09
Core Points - LXP Industrial Trust completed a reverse split of its common shares at a ratio of 1-for-5, effective after the close of business on November 10, 2025 [1][2] - The number of outstanding common shares was reduced from approximately 295.8 million to approximately 59.2 million shares, with no significant impact on shareholders' ownership percentages [2] - Trading of LXP's common shares on a split-adjusted basis will commence on November 11, 2025, under the same NYSE symbol "LXP" but with a new CUSIP number [3] - The quarterly dividend will increase from $0.14 to $0.70 per share after the reverse share split, applicable for shareholders of record as of December 31, 2025 [3] Company Overview - LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and lower Midwest [5] - The company aims to expand its portfolio through various strategies, including acquisitions, build-to-suit transactions, sale-leaseback transactions, and development projects [5]
LXP Industrial Trust to Report Third Quarter 2025 Results and Host Conference Call October 30, 2025
Globenewswire· 2025-10-06 20:15
Core Points - LXP Industrial Trust will release its third quarter 2025 financial results on October 30, 2025 [1] - A conference call and webcast will be held on the same day at 8:30 a.m. Eastern Time to discuss the results [1] - Participants can access the call via a dedicated phone line or through a webcast link [1] Company Overview - LXP Industrial Trust is a publicly traded REIT focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest [5] - The company aims to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions [5] - For more information, LXP provides a Quarterly Supplemental Information package and maintains a presence on social media [5] Contact Information - Investor or media inquiries can be directed to Heather Gentry, Executive Vice President of Investor Relations, at the provided phone number or email [6]
LXP Industrial Trust to Report Second Quarter 2025 Results and Host Conference Call July 30, 2025
Globenewswire· 2025-07-14 20:15
Company Overview - LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and Midwest [5] - The company aims to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions [5] Upcoming Financial Results - LXP will release its second quarter 2025 financial results on the morning of Wednesday, July 30, 2025 [1] - A conference call and webcast will be held on the same day at 8:30 a.m. Eastern Time to discuss these results [1] Access Information - Participants can access the conference call by dialing (888) 660-6082 or (929) 201-6604 for international calls, using Conference ID: 1576583 [1] - The webcast can be accessed at https://events.q4inc.com/attendee/363726824 [1] Replay Information - A telephone replay of the call will be available through August 6, 2025, and via webcast for one year [2] - The replay can be accessed by calling (800) 770-2030 or (609) 800-9909 for international calls, using Access Code: 1576583 [2]