tiprankstipranks
Sekisui House Reit Completes Investment Units Buyback Program
Company Announcements

Sekisui House Reit Completes Investment Units Buyback Program

Story Highlights

Invest with Confidence:

Sekisui House Reit ( (JP:3309) ) has shared an announcement.

Sekisui House Reit, Inc. has successfully completed its investment units buyback program, as resolved at their Board of Directors Meeting in December 2024. The company acquired a total of 26,053 investment units at approximately 1.99 billion yen through market purchases via the Tokyo Stock Exchange. The buyback aimed to enhance the value for stakeholders by reducing outstanding investment units, with the remaining units scheduled for cancellation by the end of the fiscal period in April 2025.

More about Sekisui House Reit

Sekisui House Reit, Inc. is a prominent player in the real estate investment trust (REIT) industry, focusing primarily on the acquisition and management of real estate assets. The company operates under the umbrella of Sekisui House Asset Management, Ltd., which manages its investment portfolio.

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $2.27B

Find detailed analytics on 3309 stock on TipRanks’ Stock Analysis page.

Related Articles
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