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I-RES Executes Share Buy-Back to Enhance Shareholder Value

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I-RES Executes Share Buy-Back to Enhance Shareholder Value

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The latest announcement is out from Irish Residential Properties REIT ( (GB:0QT8) ).

Irish Residential Properties REIT plc announced the purchase and cancellation of 741,316 ordinary shares as part of its ongoing share buy-back program. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, with weekly updates on the buy-back program planned.

More about Irish Residential Properties REIT

Irish Residential Properties REIT plc (I-RES) is a growth-oriented Real Estate Investment Trust focused on providing quality, professionally managed homes in sustainable communities across Ireland. The company aims to be the leading provider in the Irish living sector, known for excellent service and responsible operations, minimizing environmental impact while maximizing community contributions. I-RES is listed on Euronext Dublin.

YTD Price Performance: 5.62%

Average Trading Volume: 258,060

Technical Sentiment Signal: Hold

Current Market Cap: €496.4M

See more insights into 0QT8 stock on TipRanks’ Stock Analysis page.

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