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RAM Essential Services Property Fund ( (AU:REP) ) has issued an update.
RAM Essential Services Property Fund has announced a daily buy-back update of its fully paid units stapled securities. The company reported that it purchased 85,000 securities on the previous day, adding to a total of 472,685 securities bought back prior to that day, as part of its ongoing buy-back plan. This move could potentially enhance shareholder value and optimize the capital structure, reflecting the company’s strategic financial management.
More about RAM Essential Services Property Fund
YTD Price Performance: -1.67%
Average Trading Volume: 409,450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$297.7M
Learn more about REP stock on TipRanks’ Stock Analysis page.
