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Japan Logistics Fund Completes Buyback and Announces Unit Split
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Japan Logistics Fund Completes Buyback and Announces Unit Split

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An update from Japan Logistics Fund, Inc. ( (JP:8967) ) is now available.

Japan Logistics Fund, Inc. (JLF) has completed a buyback program of its investment units, repurchasing a total of 9,979 units for approximately 2.65 billion yen. This initiative, alongside the cancellation of repurchased units scheduled for January 31, 2025, aims to optimize JLF’s capital structure. The company also plans a split of investment units, adjusting the total number issued post-split to 2,762,163 units, potentially impacting its market positioning and investment appeal.

More about Japan Logistics Fund, Inc.

Japan Logistics Fund, Inc. operates in the real estate investment trust (REIT) industry, focusing on logistics properties in Japan. The company is managed by Mitsui & Co., Logistics Partners Ltd., with a market emphasis on acquiring and managing logistics-related real estate assets.

YTD Price Performance: 1.90%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.51B

Find detailed analytics on 8967 stock on TipRanks’ Stock Analysis page.

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