US Masters Residential Property Fund (AU:URF) has released an update.
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US Masters Residential Property Fund has announced a daily update on its ongoing buy-back program, revealing that a total of 265,197 stapled securities were bought back recently. This brings the total number of securities repurchased to 30,977,088, showcasing the fund’s continued efforts to manage its capital effectively. Such buy-back activities can potentially enhance shareholder value by reducing the number of shares outstanding.
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