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Security Profile
- Security Type
- Real Estate Investment Trust (REIT)
- CUSIP
- 16934Q208 (prev. 16934Q109 )
- Market Cap
- Large Cap
Business: Chimera Investment Corp. is a publicly traded real estate investment trust, or REIT, that is primarily engaged in the business of investing directly or indirectly through our subsidiaries, on a leveraged basis, in a diversified portfolio of mortgage assets, including residential mortgage loans, Non-Agency RMBS, Agency CMBS, Agency RMBS, and other real estate related securities.
Notes: May 10, 2024 -- Chimera Investment Corporation (NYSE: CIM) (the “Company” or “Chimera”) announced today that its Board of Directors has unanimously approved a reverse stock split of the Company’s common stock at a ratio of 1-for-3. The reverse stock split is expected to take effect following the close of business on May 21, 2024 (the “Effective Time”). Accordingly, at the Effective Time, every three issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock. The Company’s common stock is expected to begin trading on the New York Stock Exchange on a post-reverse stock split basis beginning on May 22, 2024, under a new CUSIP number: 16934Q 802.
Company Contact
- CEO
- Phillip J. Kardis II
- CFO
- Subramaniam Viswanathan
- Headquarters
- 630 Fifth Ave, Ste 2400, New York, NY 10022
- Phone
- 888-895-6557 · Toll-Free 888-895-6557
- Investor Relations
- 866-315-9930 · investor@chimerareit.com