Washington Prime Group (WPG) completes 1-for-9 reverse stock split.

Washington Prime Group (WPG) announced that it has completed a 1-for-9 reverse split of its common stock.  The reverse split is intended to help WPG maintain listing requirements, which specify certain minimum trading prices.  WPG common shares closed at $0.98 on December 17, 2020.

Washington Prime Group is an owner of Class-B regional malls and open-air centers in secondary markets throughout the U.S. As of September 30, 2020, the company's portfolio included interests in 101 properties in 29 states with 36 million square feet of owned GLA.