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An announcement from US Masters Residential Property Fund ( (AU:URF) ) is now available.
US Masters Residential Property Fund has announced an update regarding its ongoing buy-back program, which includes the US Masters Residential Property Fund and US Masters Residential Property Fund II as a stapled entity. The latest notification reveals that a total of 112,523 securities were bought back on the previous day, contributing to a cumulative total of 717,336 securities repurchased. This buy-back initiative is part of the company’s strategy 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 investment industry, focusing on residential properties. The company is involved in acquiring, managing, and potentially selling residential assets, with a market focus on providing investment opportunities in the US residential property sector.
Average Trading Volume: 627,242
Technical Sentiment Signal: Buy
Current Market Cap: A$262.5M
See more insights into URF stock on TipRanks’ Stock Analysis page.