An update from Nippon Prologis REIT, Inc. ( (JP:3283) ) is now available.
Nippon Prologis REIT, Inc. announced the status of its buy-back program for its own investment units, purchasing 1,051 units for approximately 249.87 million yen. The buy-back is part of a broader plan approved by the board to purchase up to 50,000 units or 10 billion yen worth of investment units by May 23, 2025, aimed at enhancing shareholder value and optimizing capital structure.
More about Nippon Prologis REIT, Inc.
Nippon Prologis REIT, Inc. operates as a Real Estate Investment Trust (REIT) focusing on logistics facilities. The company is involved in acquiring, managing, and leasing logistics properties, primarily in Japan, to generate stable income for its investors.
YTD Price Performance: 11.17%
Average Trading Volume: 7,374
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen703.5B
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