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Real Estate & E-Commerce Split Corp. Class A ( (TSE:RS) ) has provided an update.
Real Estate Split Corp. has renewed its at-the-market equity program, enabling the issuance of Class A and Preferred Shares on the Toronto Stock Exchange, with a maximum gross proceeds target of $75 million for each share class. This program is designed to support the company’s investment objectives, which include providing monthly cash distributions and potential capital appreciation for Class A Shares, as well as fixed quarterly cash distributions and capital preservation for Preferred Shares.
More about Real Estate & E-Commerce Split Corp. Class A
Real Estate Split Corp. operates within the real estate and e-commerce sectors, offering a diversified and actively managed portfolio. The company focuses on issuers across various sectors, including real estate investment trusts, e-commerce, data infrastructure, multi-family, retail, office, and healthcare. Middlefield Capital Corporation provides investment management advice to the company.
YTD Price Performance: -11.07%
Average Trading Volume: 52,782
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$115.5M
Find detailed analytics on RS stock on TipRanks’ Stock Analysis page.