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Aberdeen Multi-Market Income Fund Board Approves 1-For-4 Reverse Stock Split, Effective November 9

Benzinga·10/23/2026 20:22:07
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The Board of Trustees of Aberdeen Multi-Market Income Fund (NYSE:MMT) has approved a 1-for-4 reverse stock split of the Fund's issued and outstanding common shares, effective prior to the opening of trading on November 9, 2026.

The Board approved the reverse stock split to increase the Fund's per-share market price. The Board believes a higher share price may reduce certain trading and administrative frictions associated with lower-priced securities, increase the Fund's suitability for certain investment platforms and intermediary programs, and better align the Fund's share price with industry trading conventions.

The aggregate value of a shareholder's investment is not expected to change solely as a result of the reverse stock split, although the market value of Fund shares will continue to fluctuate based on market conditions.

Under the terms of the transaction, every four common shares will be consolidated into one common share. No fractional shares will be issued; fractional share entitlements will be aggregated and sold, with the net proceeds distributed to affected shareholders. The transaction will apply equally to all shareholders and will not affect any shareholder's proportionate ownership interest, other than minor adjustments resulting from the treatment of fractional shares.

Following the transaction, the Fund's common shares will continue to trade on the New York Stock Exchange under the symbol MMT. A new CUSIP number will be assigned to the Fund.