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Urban Logistics REIT plc Announces Share Repurchase

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Urban Logistics REIT plc Announces Share Repurchase

Confident Investing Starts Here:

The latest announcement is out from Urban Logistics REIT plc ( (GB:SHED) ).

Urban Logistics REIT plc has recently repurchased 82,411 of its own ordinary shares at an average price of 104.6 pence per share, which will be held in treasury. This transaction results in a total of 465,088,000 shares with voting rights in circulation, impacting calculations for shareholder interest notifications under regulatory guidelines.

More about Urban Logistics REIT plc

Urban Logistics REIT plc operates in the real estate investment trust (REIT) sector, focusing on urban logistics properties. The company primarily deals with the acquisition and management of logistics facilities, catering to the growing demand for efficient supply chain solutions in urban areas.

YTD Price Performance: -11.47%

Average Trading Volume: 1,797,406

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £491.8M

For a thorough assessment of SHED stock, go to TipRanks’ Stock Analysis page.

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