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LaSalle LOGIPORT REIT ( (JP:3466) ) has issued an announcement.
LaSalle LOGIPORT REIT has announced the repurchase of 1,409 of its own investment units, valued at approximately 192.7 million yen, through open market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy to repurchase up to 29,000 units, with a maximum budget of 4 billion yen, to enhance shareholder value and optimize capital structure.
More about LaSalle LOGIPORT REIT
LaSalle LOGIPORT REIT operates in the real estate investment trust (REIT) industry, focusing on logistics facilities. It is managed by LaSalle REIT Advisors K.K., and its primary market focus is on acquiring and managing logistics properties in Japan.
Technical Sentiment Signal: Buy
Current Market Cap: $1.73B
Find detailed analytics on 3466 stock on TipRanks’ Stock Analysis page.