Chimera Investment Corp announces 1-for-3 reverse stock split, effective May 21, 2024

CHIMERA INVESTMENT CORP

Outstanding shares reduced from ~241.4M to ~80.5M; authorized shares cut from 500M to 166.7M.
Effective after close on May 21, 2024; post-split trading starts May 22 under new CUSIP 16934Q 802.
No fractional shares; cash in lieu paid based on May 21 closing price.
Objective: align share count with similar market-cap companies and broaden investor appeal.
Stockholders with book-entry or nominee-held shares need no action; certificated holders must return certificates.

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