Simon Property Group Trading Volume Drops 42% to 471st Rank Despite Stock Price Gain

On May 15, 2025, Simon Property Group (SPG) saw a trading volume of $203 million, marking a 42.01% decrease from the previous day. This placed SPG at the 471st position in terms of trading volume for the day. The stock price of Simon Property Group rose by 1.15%, marking the second consecutive day of gains, with a total increase of 1.34% over the past two days.

Simon Property Group, Inc. has successfully completed the process of redomestication, transitioning from a Delaware corporation to an Indiana corporation. This significant move was officially effective as of May 15, 2025, following approval by shareholders at the company's annual meeting held on May 14, 2025. The redomestication process involved a corporate reorganization that aimed to streamline operations and potentially enhance shareholder value.

This strategic shift to Indiana was supported by a substantial majority of shareholders, with approximately 64% of the votes in favor. The decision to leave Delaware and relocate to Indiana is expected to bring about various benefits, including potential tax advantages and a more favorable regulatory environment. This move underscores Simon Property Group's commitment to optimizing its corporate structure to better serve its stakeholders and drive long-term growth.