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RAM Essential Services Property Fund ( (AU:REP) ) has shared an update.
RAM Essential Services Property Fund announced the cessation of 177,470 fully paid units of stapled securities through an on-market buy-back as of December 31, 2024. This buy-back could potentially enhance shareholder value by reducing the number of shares outstanding and reflects the company’s strategic capital management decisions.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund operates in the real estate industry, focusing primarily on managing and investing in property assets. The company targets essential services properties, which are likely to have stable demand and provide consistent returns.
YTD Price Performance: -1.67%
Average Trading Volume: 404,392
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$297.8M
For detailed information about REP stock, go to TipRanks’ Stock Analysis page.