RAM Essential Services Updates on Stock Buy-Back Strategy
Company Announcements

RAM Essential Services Updates on Stock Buy-Back Strategy

RAM Essential Services Property Fund (AU:REP) has released an update.

RAM Essential Services Property Fund has announced a daily update on its ongoing on-market buy-back of fully paid units stapled securities, with 15,000 securities bought back on the previous day, bringing the total to over 15 million securities repurchased. This move reflects the company’s strategic effort to manage its capital effectively, potentially enhancing shareholder value and market perception.

For further insights into AU:REP stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App