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NIPPON REIT Completes Strategic Unit Acquisition

NIPPON REIT Completes Strategic Unit Acquisition

NIPPON REIT Investment Corp (JP:3296) has released an update.

Confident Investing Starts Here:

NIPPON REIT Investment Corporation has completed the acquisition of 7,835 of its own investment units for a total price of approximately 2.5 billion yen through market purchases on the Tokyo Stock Exchange. This move, resolved by the board on September 26, 2024, is part of a strategy to cancel these units within the current fiscal year, aiming to adjust the total number of investment units issued to 442,095.

For further insights into JP:3296 stock, check out TipRanks’ Stock Analysis page.

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