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US Masters Residential Property Fund Announces Daily Buy-Back of Securities

Story Highlights
  • US Masters Residential Property Fund focuses on residential property investments in the US.
  • The company announced a daily buy-back of 140,000 securities to manage capital structure.
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US Masters Residential Property Fund ( (AU:URF) ) has provided an announcement.

US Masters Residential Property Fund has announced a daily buy-back of its fully paid units stapled securities, with 140,000 securities bought back on the previous day. This buy-back initiative is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

More about US Masters Residential Property Fund

US Masters Residential Property Fund operates in the real estate industry, focusing on residential property investments. The company is involved in acquiring, managing, and selling residential properties, primarily in the United States, and is known for its stapled securities under the ASX code URF.

YTD Price Performance: 11.43%

Average Trading Volume: 650,780

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$272.9M

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

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