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Regional Health to implement 1-for-12 reverse stock split

Regional Health Properties Inc.'s board authorized a 1-for-12 reverse stock split of its common stock, which will be effective Dec. 31.

The Suwanee, Ga.-based healthcare real estate investment company's shares are expected to begin trading on the NYSE American under the symbol RHE on a split-adjusted basis from Jan. 2, 2019.