LXP, US5290434084

LXP sets October 26 merger vote and LXP stock trades at EUR 54.25

Published on 10/08/2026 at 21:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LXP stock costs EUR 54.25 on October 8, 2026 versus EUR 54.50. The merger offers USD 61.20 per share at the October 26 vote.

Key points in brief

  • LXP has scheduled an October 26, 2026 shareholder vote on its proposed USD 61.20-per-share cash merger.
  • Second-quarter 2026 revenue was USD 88.11 million, compared with USD 85.37 million expected.
  • LXP stock was EUR 54.25 at Lang & Schwarz after-hours on October 8, 2026, down 0.46 percent from the prior close.
  • The proposed transaction would end LXP's separate NYSE listing if shareholders approve it.
LXP, US5290434084, Illustration mit AI erstellt.
LXP, US5290434084, Illustration mit AI erstellt.

LXP Industrial Trust stock was EUR 54.25 at Lang & Schwarz after-hours on October 8, 2026, down 0.46 percent from the EUR 54.50 prior close. LXP has scheduled a shareholder vote for October 26, 2026, on its proposed cash merger at USD 61.20 per share, according to StockTitan.

Three dates define the transaction

On July 19, 2026, LXP and Leopard REIT agreed the merger terms, with USD 61.20 in cash offered for each common share. On July 29, 2026, LXP reported second-quarter revenue of USD 88.11 million and adjusted earnings per share of USD 0.84, according to MarketBeat.

On September 18, 2026, LXP filed the definitive proxy statement. The filing says 58,957,264 common shares were outstanding on the record date and that approval requires a majority of all votes entitled to be cast.

What does the vote mean for LXP?

The October 26, 2026 meeting is the next decisive date. If shareholders approve the merger and the other closing conditions are satisfied, LXP's common shares will be delisted from the NYSE and the company will cease to exist as a separate public company, according to StockTitan.

The operating figures add a second reference point. Second-quarter revenue of USD 88.11 million exceeded the USD 85.37 million consensus cited by MarketBeat, while the reported adjusted earnings per share of USD 0.84 was above the USD 0.83 estimate. That combination supports the deal context, but it does not change the vote requirement or the proposed cash consideration.

October 26 is the next date

LXP's special meeting is scheduled for October 26, 2026, at 9:00 a.m. Eastern Time. The record date was September 18, 2026, and the definitive proxy statement says abstentions and failures to vote have the same effect as votes against the merger proposal.

After-hours price stays below the offer

LXP stock was trading at EUR 54.25 at Lang & Schwarz on October 8, 2026 at 9:44 p.m. CEST, down 0.46 percent versus the EUR 54.50 prior close at Lang & Schwarz on October 7, 2026. The primary exchange is the NYSE, where the finance quote showed USD 61.02 at 7:52 p.m. UTC on October 8, 2026; its 52-week range was USD 44.00 to USD 61.61 and market capitalization was USD 3.6 billion.

The further course of trading is shown by the continuously updated real-time quote of LXP stock.

LXP Industrial Trust stock facts

  • Company: LXP Industrial Trust
  • ISIN: US5290434084
  • Ticker: LXP
  • Primary exchange: NYSE
  • Price Lang & Schwarz as of October 8, 2026, 9:44 p.m. CEST: EUR 54.25
  • Change versus prior close: minus 0.46 percent
  • Prior close Lang & Schwarz October 7, 2026: EUR 54.50
  • Market capitalization: USD 3.6 billion as of October 8, 2026
  • 52-week range: USD 44.00-61.61 as of October 8, 2026
  • Sector / Industry: Real Estate / REIT - Industrial
  • Index membership: Russell 2000

Market context: Market report S&P 500.

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