Global One Real Estate Investment Corporation (JP:8958) has released an update.
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Global One Real Estate Investment Corp. (GOR) has completed the acquisition of 19,689 of its own investment units, totaling 1.999 billion yen, as part of a strategic move to optimize its financial structure. The acquisitions, made through market purchases at the Tokyo Stock Exchange, are set to be canceled by the end of September 2024, which will reduce the total number of issued and outstanding GOR investment units to 1,003,137. GOR’s actions reflect its ongoing commitment to maximizing returns for its unitholders by focusing on prime property investments.
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