Ashford trust announces reverse stock split extending management's commitment to making aht shareholder friendly

Dallas, july 2, 2021 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") announced today that its board of directors unanimously approved a reverse split of the company's common stock at a ratio of 1-for-10. as of the effective date of the reverse split, each share of the company's issued and outstanding common stock will be automatically converted into 1/10th of a share of the company's common stock.
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