SmartStop Self Storage REIT, Inc. ( (SMA) ) has provided an update.
On April 29, 2025, SmartStop Self Storage REIT, Inc. announced the immediate termination of its share redemption program, ceasing all current and future redemption requests. Additionally, on May 1, 2025, the company decided to terminate its distribution reinvestment plan, opting to pay all future distributions in cash. These changes reflect a strategic shift in the company’s financial operations, potentially impacting its liquidity management and shareholder engagement strategies.
More about SmartStop Self Storage REIT, Inc.
SmartStop Self Storage REIT, Inc. operates in the real estate investment trust industry, focusing on self-storage facilities. The company provides storage solutions to customers, emphasizing convenience and security in its offerings.
Average Trading Volume: 1,158,992
Current Market Cap: $166.1M
For an in-depth examination of SMA stock, go to TipRanks’ Stock Analysis page.